Impending layoffs have caused “widespread anxiety” in the newsroom, according to Meg James, senior entertainment writer with the L.A. Times. Soon-Shiong purchased the Los Angeles Times in June 2018 from Tribune Media, which also owned KTLA until it was acquired by Nexstar Media in 2019. Guild leaders said, “There is no reason it cannot happen here.”As for the L.A. Times, layoffs seem to be all but certain. A statement provided by a Los Angeles Times spokesperson Thursday said the paper needed to reduce its operating budget going into this year and said layoffs were anticipated. We are continuing to review the revenue projections for this year and taking a very careful look at expenses and what our organization can support.” Hillary Manning, Los Angeles Times spokespersonLos Angeles Times staffers are expected to hold rallies in both Los Angeles and Washington D.C. Friday at 12 p.m. PST and 3 p.m. EST, respectively.
Source: Los Angeles Times January 19, 2024 04:21 UTC