Current:Home > Contact'Los Angeles Times' to lay off 13% of newsroom -WealthRoots Academy
'Los Angeles Times' to lay off 13% of newsroom
Indexbit Exchange View
Date:2025-04-08 22:49:14
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! (16)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Appeals court reinstates lawsuit by Honduran woman who says ICE agent repeatedly raped her
- Adrift diver 6 miles offshore from the Florida Keys rescued by off-duty officers
- Trump allies charged with felonies involving voting machines
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 29 inches of rain from Saturday to Wednesday was Beijing’s heaviest rainfall in 140 years
- Lori Vallow Daybell, convicted on murder charges in Idaho, still faces charges in Arizona
- New lawsuits allege sexual hazing in Northwestern University football program
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Trump hit with sweeping indictment in alleged effort to overturn 2020 election
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- What to know about new Apple iPhone 15: Expected release date, features, and more
- First time playing the Mega Millions? Here's exactly how to ask the cashier for a ticket.
- Trump indictment key takeaways: What to know about the new charges in the 2020 election probe
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Extremely agitated bear charges multiple people, is killed by Alaska police
- 'I'm sorry, God! ... Why didn't you stop it?': School shooter breaks down in jail
- Doctors have their own diagnosis: 'Moral distress' from an inhumane health system
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Malians who thrived with arrival of UN peacekeeping mission fear economic fallout from its departure
Missouri executes man for 2002 abduction, killing of 6-year-old girl lured to abandoned factory
The U.S. loses its top AAA rating from Fitch over worries about the nation's finances
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
America Ferrera Dressed Like Barbie Even Without Wearing Pink—Here's How You Can, Too
These Top-Rated Amazon Tote Bags Are the Best Backpack Alternatives for School, Work & the Gym
China floods have left at least 20 dead