Current:Home > reviews'Los Angeles Times' to lay off 13% of newsroom -ProfitPoint
'Los Angeles Times' to lay off 13% of newsroom
View
Date:2025-04-25 00:14:22
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
- Meet first time Grammy nominee Charley Crockett
- Philadelphia traffic stop ends in gunfire; driver fatally wounded, officer injured
- A Liberian woman with a mysterious past dwells in limbo in 'Drift'
- Man who told estranged wife ‘If I can’t have them neither can you’ gets life for killing their kids
- 2 killed, 3 injured in shooting at makeshift club in Houston
- 'Outer Range': Josh Brolin interview teases release date for Season 2 of mystery thriller
- Iowa's Caitlin Clark breaks NCAA women's basketball scoring record
- From 'Oppenheimer' to 'The Marvels,' here are 15 movies you need to stream right now
- A White House order claims to end 'censorship.' What does that mean?
- When Harry Met Sally Almost Had a Completely Different Ending
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Pregnant woman found dead in Indiana basement 32 years ago is identified through dad's DNA: I couldn't believe it
- Tom Selleck refuses to see the end for 'Blue Bloods' in final Season 14: 'I'm not done'
- NBA All-Star break power rankings with Finals predictions from Shaq, Barkley and Kenny Smith
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Tiger Woods finishes one over par after Round 1 of Genesis Invitational at Riviera
- Prosecutors drop domestic violence charge against Boston Bruins’ Milan Lucic
- A Liberian woman with a mysterious past dwells in limbo in 'Drift'
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Nkechi Diallo, Formerly Known as Rachel Dolezal, Speaks Out After Losing Job Over OnlyFans Account
American woman goes missing in Madrid after helmeted man disables cameras
From 'Oppenheimer' to 'The Marvels,' here are 15 movies you need to stream right now
Meta releases AI model to enhance Metaverse experience
White House confirms intelligence showing Russia developing anti-satellite capability
Southern lawmakers rethink long-standing opposition to Medicaid expansion
Auto workers threaten to strike again at Ford’s huge Kentucky truck plant in local contract dispute