Los Angeles Times lays off more than 20% of newsroom staff as the paper confronts 'financial crisis'The Los Angeles Times on Tuesday, facing what senior leadership described this week as a "financial crisis," commenced a round of painful layoffs across the newsroom. The Los Angeles Times on Tuesday, facing what senior leadership described this week as a "financial crisis," commenced a round of painful layoffs across the newsroom. The Los Angeles Times on Tuesday, facing what senior leadership described this week as a "financial crisis," commenced a round of painful layoffs across the newsroom. The Los Angeles Times on Tuesday, facing what senior leadership described this week as a "financial crisis," commenced a round of painful layoffs across the newsroom. Soon-Shiong told James on Tuesday, however, that he had lost the confidence of Merida and some high-ranking editors he had appointed.

Source: Los Angeles Times January 24, 2024 00:30 UTC