Current:Home > Contact'Los Angeles Times' to lay off 13% of newsroom -GrowthInsight
'Los Angeles Times' to lay off 13% of newsroom
View
Date:2025-04-24 01:08:16
The Los Angeles Times informed its newsroom Wednesday that it would lay off about 13% of the paper's journalists, the latest in a string of blows to major American news outlets.
It's the first major round of job cuts since the paper was acquired in 2018 by Patrick Soon-Shiong, a billionaire entrepreneur and investor based in Southern California. At the time, he told NPR that he wanted to protect the L.A. Times from a series of cutbacks that had afflicted the paper under previous owners based in Chicago.
During the pandemic, there was a far smaller round of layoffs. The paper and labor union negotiated a work-sharing agreement and furloughs in lieu of layoffs.
In making the announcement to officials of the newsroom union, executives cited a "difficult economic operating environment." L.A. Times Executive Editor Kevin Merida wrote in a memo to colleagues that making the decisions to lay off colleagues was "agonizing."
"We have done a vast amount of work as a company to meet the budget and revenue challenges head on," Merida wrote. "That work will need acceleration and we will need more radical transformation in the newsroom for us to become a self-sustaining enterprise."
He continued, "Our imperative is to become a modern media company - more nimble, more experimental, bolder with our ambition and creativity than we are today."
This follows major layoffs at other news companies, including BuzzFeed (which eliminated its news division), Vice (which declared bankruptcy), NPR (which laid off 10 percent of its workforce), MSNBC, CNN and The Washington Post.
According to a spokesperson, the L.A. Times intends to lay off 74 journalists. The paper expects to retain at least 500 newsroom employees after the cuts are complete.
Leaders of the paper's newsroom union, called the NewsGuild, note that it has been engaged in negotiations with the paper since September on a new contract with little progress. The prior one, which remains in effect, expired in November. They say they were blind-sided by the announcement, receiving notification from the paper's chief lawyer just minutes before Merida's note to staff.
"This is a case study in bad faith and shows disrespect for the newsroom," the guild said in a statement. It called upon the newspaper to negotiate alternatives, including voluntary buyouts, which it said was required under the paper's contract. (Fifty-seven guild-represented employees are among those designated to lose their jobs, according to the union.)
At NPR, the union that represented most newsroom employees, SAG-AFTRA, reviewed the network's financial books and agreed the need for cuts was real. The two sides ultimately reached agreements on how the job reductions would be structured.
The NewsGuild also represents journalists at the Gannett newspaper chain who walked off the job earlier this week to protest their pay and working conditions.
veryGood! (8)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- More than 2 million Cosori air fryers have been recalled over fire risks
- How venture capital built Silicon Valley
- Transcript: National Security Adviser Jake Sullivan on Face the Nation, July 16, 2023
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- The NHL and Chemours Are Spreading ‘Dangerous Misinformation’ About Ice-Rink Refrigerants, a New Report Says
- Inside Clean Energy: The Solar Boom Arrives in Ohio
- Despite high inflation, Americans are spending like crazy — and it's kind of puzzling
- $73.5M beach replenishment project starts in January at Jersey Shore
- A Deadly Summer in the Pacific Northwest Augurs More Heat Waves, and More Deaths to Come
Ranking
- The White House is cracking down on overdraft fees
- Transcript: Mesa, Arizona Mayor John Giles on Face the Nation, July 16, 2023
- FDA approves new drug to protect babies from RSV
- Warming Trends: Climate Divide in the Classroom, an All-Electric City and Rising Global Temperatures’ Effects on Mental Health
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- She left her 2007 iPhone in its box for over a decade. It just sold for $63K
- Family of Titanic Sub Passenger Hamish Harding Honors Remarkable Legacy After His Death
- Education was once the No. 1 major for college students. Now it's an afterthought.
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Adam Sandler’s Sweet Anniversary Tribute to Wife Jackie Proves 20 Years Is Better Than 50 First Dates
You may have heard of the 'union boom.' The numbers tell a different story
The ripple effects of Russia's war in Ukraine continue to change the world
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Education was once the No. 1 major for college students. Now it's an afterthought.
You may have heard of the 'union boom.' The numbers tell a different story
Was 2020 The Year That EVs Hit it Big? Almost, But Not Quite