Layoffs loom at Los Angeles Times as journalists take a stand

The newspaper's guild stated that the Los Angeles Times intends to lay off a "significant" number of reporters on Thursday, adding that they would arrange a one-day walk-out on Friday to oppose the planned move.
The newspaper's guild stated that the Los Angeles Times intends to lay off a "significant" number of reporters on Thursday, adding that they would arrange a one-day walk-out on Friday to oppose the planned move.

The newspaper’s guild stated that the Los Angeles Times intends to lay off a “significant” number of reporters on Thursday, adding that they would arrange a one-day walk-out on Friday to oppose the planned move.

Financial Pressures Prompt Layoffs:

In response to financial pressures, the Los Angeles Times is contemplating significant layoffs that could affect around 20% of its newsroom, translating to approximately 100 journalists. 

The move aims to address the paper’s financial challenges, according to sources familiar with the matter.

Guild Calls for Bargaining:

The guild representing the journalists has called for transparent negotiations, urging management to engage in good-faith discussions to work out a buyout plan. 

The guild emphasized the importance of articulating clear headcounts or cost-saving targets, with the goal of minimizing layoffs as much as possible.

Strike Announcement:

In response to the uncertainty surrounding job cuts, the guild has announced a strike. They underscored the management’s refusal to disclose the exact number of job cuts, contributing to the decision to walk out in protest.

Management’s Response:

The Los Angeles Times, in an email response to Reuters, expressed disappointment in the guild’s decision but acknowledged and respected their right to strike. The management’s stance on the job cuts remains a point of contention.

Leadership Changes Add to Turmoil:

The potential layoffs come on the heels of the recent departure of the newspaper’s executive editor, Kevin Merida, who stepped down from his role after more than two years. 

The leadership changes add another layer of complexity to the current challenges faced by the Los Angeles Times.

As the newsroom braces for significant changes, the ongoing negotiations and strike highlight the tension between the management’s financial decisions and the journalists’ commitment to preserving their roles and the quality of journalism at the Los Angeles Times.

Gary Monroe

Gary Monroe is a seasoned contributor to the Los Angeles Business Magazine, where he offers insightful analysis on local business trends and economic developments. With a focus on Los Angeles' dynamic commercial landscape, Gary's articles provide valuable perspectives for entrepreneurs and business professionals in the city.

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