CNN —Staffers at the Los Angeles Times will stage a one-day walkout on Friday after the newspaper’s management indicated that it expects to soon lay off employees as it struggles financially. The act of protest will be the first such work stoppage in the outlet’s 143-year history, said the Guild, which represents some 400 employees. “Given the recent discussions about our economic challenges and the potential for staff reductions, we wanted to share an update,” the company said in a memo to employees. The Times has started the new year on rocky footing. News companies across the industry have struggled immensely in recent years, with the vast majority of publishers being forced to undergo painful layoffs as they navigate difficult terrain.

Source: Los Angeles Times January 19, 2024 03:30 UTC