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LA Times Implodes As Dozens Are Laid Off, Millions In Revenue Flushed Down The Toilet
Daily Caller ^ | January 23, 2024 7:27 PM ET | HAROLD HUTCHISON

Posted on 01/24/2024 6:30:10 AM PST by Red Badger

The Los Angeles Times announced over 100 journalists would be laid off Tuesday as the media outlet lost as much as $40 million a year, according to multiple outlets.

The newspaper will reduce its newsroom staff by 20%, one of the biggest cuts in its 142-year history, the outlet’s Meg James reported. Among those who were axed included the chief and deputy chief of the paper’s Washington, D.C., bureau, along with its business editor, the music editor and books editor.

Two of the paper’s four managing editors resigned prior to the announcement of the layoffs, adding to the uncertainty around the media outlet, according to CNN. Other outlets, including the Washington Post, Vox and Yahoo News, made cuts in 2023, CNN reported in December.

“We have a billionaire who doesn’t understand media and thinks he can cut his way to success,” one staffer told CNN’s Oliver Darcy.

“I cannot overstate the level of chaos,” a second staffer told the CNN media reporter.

A previous round of layoffs in June reduced the newsroom staff by about 13%, NPR reported, with 74 people being laid off.

Staffers at the paper walked out Friday to protest the planned cuts, according to CNN. The L.A. Times Guild did not respond to Tuesday’s announcement, but ripped the previous layoffs in a statement in June.

“Today’s decision is painful for all, but it is imperative that we act urgently and take steps to build a sustainable and thriving paper for the next generation. We are committed to doing so,” owner Patrick Soon-Shiong told James Tuesday, noting that the paper was suffering annual losses of between $30 and $40 million a year.

“The decision to proceed with layoffs was incredibly difficult, and was made only after evaluating all other viable options,” a spokesperson for the outlet told the Daily Caller News Foundation. “The Los Angeles Times newsroom remains the largest in the West and one of the largest in the country, and our ambitious journalism will continue.”


TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; Politics/Elections; US: California
KEYWORDS: learntocode; losangeles; losangelestimes; times
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1 posted on 01/24/2024 6:30:10 AM PST by Red Badger
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To: Red Badger

The failing New York Times.

...Donald J. Trump


2 posted on 01/24/2024 6:32:32 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Red Badger

I lived in LA for 40 years and never bothered reading the Times. It was a leftwing rag even back in 1976 when I moved there.


3 posted on 01/24/2024 6:35:21 AM PST by Avalon Memories (Liberalism is a philosophy of sniveling brats. -- P.J. O’Rourke)
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To: Red Badger

4 posted on 01/24/2024 6:37:03 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
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To: Red Badger

They’d have been far better off had they printed the truth, i.e., REAL news.


5 posted on 01/24/2024 6:38:12 AM PST by Migraine
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To: Red Badger

Print media is dying.


6 posted on 01/24/2024 6:39:24 AM PST by circlecity
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To: Red Badger; All

What am I supposed to line my bird cage with now?


7 posted on 01/24/2024 6:40:15 AM PST by notdownwidems (Washington D.C. has become the enemy of free people everywhere!)
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To: Red Badger

You hire a bunch of kids who print lies and it takes 5 of them to produce swill no one with two functioning brain cells will believe and then are surprised when no one is interested in what you are selling.

Print the truth, write in-depth articles that are interesting and assign only one person to write them.


8 posted on 01/24/2024 6:42:04 AM PST by McGavin999 ( A sense of humor is a sign of intelligence, leftists have no sense of humor, therefore……)
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To: Migraine

Unfortunately, in the 1980s, journalism became so dedicated to pushing the Left’s ideas and claims that they abandoned objectivity and truth as a tenet of their profession. In effect, journalists became propagandists for the Left and for the Democratic Party as its political instrument.


9 posted on 01/24/2024 6:44:15 AM PST by Rockingham (`)
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To: Red Badger
oh-no-anyway
10 posted on 01/24/2024 6:51:16 AM PST by Behind Liberal Lines
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To: Red Badger

HA HA! Maybe write news instead of Deep State Demoncrat DooDoo?


11 posted on 01/24/2024 6:53:45 AM PST by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: Avalon Memories

Believe it or not, the LA Times was once a conservative paper and one of the few big newspapers to endorse Barry Goldwater for president in 1964.


12 posted on 01/24/2024 6:53:48 AM PST by Fiji Hill
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To: Red Badger

I’d say “learn to code”, but it seems AI has that covered. Maybe “learn to OnlyFans”.


13 posted on 01/24/2024 6:54:21 AM PST by TheElectionWasStolen
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To: Red Badger

So long as they keep shoveling the (FED-fed) narrative manure (like all other MSM sewer pipes) the “controlling interests” will keep shoveling them cash.


14 posted on 01/24/2024 6:54:45 AM PST by RckyRaCoCo (Time to throw them out of the Temple...again)
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To: Vaquero

I knew someone would come up with the Seinfeld thing. 😆


15 posted on 01/24/2024 6:58:20 AM PST by Mark17 (Retired USAF air traffic controller. Father of USAF Captain & pilot. Both bitten by the aviation bug)
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


16 posted on 01/24/2024 7:01:23 AM PST by bitt (<img src=' 'width=30%>)
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To: Red Badger

The LA Times has journalists to lay off?


17 posted on 01/24/2024 7:02:12 AM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Red Badger

I can’t remember a single LAT article that was ever used as a reference for anything.


18 posted on 01/24/2024 7:06:20 AM PST by CodeToad (Rule #1: The elites want you dead.)
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To: Red Badger

“Dozens”, it needs to be all.


19 posted on 01/24/2024 7:07:20 AM PST by TexasM1A (GLASS HAMAS)
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To: Red Badger

LA Times = Liberals Notional Enquirer


20 posted on 01/24/2024 7:19:34 AM PST by Vaduz
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