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  • The Independent

    Los Angeles Times says it is laying off 115 staff

    by Mike Bedigan Jan 24, 2024 4 minutes
    Source: AP

    The Los Angeles Times has announced it is laying off 115 people, marking one of the largest workforce reductions in the outlet’s history.

    The cuts, announced this week, will reportedly see the newsroom shrink by 20 per cent. It comes amid projections of another year of heavy losses for the paper.

    Dr Patrick Soon-Shiong, the owner of the Times, said that the decision was “painful” but that “drastic” changes were needed to make the paper “indispensable” to readers.

    As reported by theMr Shoon-Shiong said the paper could no longer lose $30 million to $40 million

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