Stay updated with breaking news from Mminent Layoffs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
California’s largest daily newspaper, the Los Angeles Times, announced on Tuesday that it is laying off at least 115 people -roughly a quarter of its staff- as it continues to hemorrhage money.
The Los Angeles Times plans to lay off 94 newsroom employees — one-fourth of its newsroom staff — starting Tuesday, a number that is substantial but less than feared, the head of the journalists union said. The announcement comes after the LA Times Guild walked off the job last Friday to protest the imminent layoffs, the first newsroom union work stoppage in the newspaper’s 143-year history. Matt Pearce, president of the Media Guild of the West, which encompasses the Times' union, called it a “dark day.”