We have a real plan,” the paper’s owner, billionaire businessman Dr. Patrick Soon-Shiong, told L.A. Times reporter Meg James. The LA Times had laid off 74 people in June 2023. On January 19, the LA Times Guild staged the first-ever work stoppage in the paper’s history to protest the coming layoffs. The LA Times Guild said in a statement that its contract with the paper allows management to offer guild members buyouts instead of laying people off. This story has been updated to include additional layoffs at the LA Times and a statement from the LA Times Guild.

Source: Los Angeles Times January 23, 2024 21:08 UTC