"Turmoil at L.A. Times: Layoffs, Departures, and Lawmakers' Intervention"

TL;DR
The Los Angeles Times is laying off at least 115 people, over 20% of its newsroom, due to heavy financial losses. Owner Dr. Patrick Soon-Shiong cited the need for drastic changes to build higher readership and sustainability, expressing disappointment with the newsroom guild's focus on a recent strike. Soon-Shiong also criticized past leadership and investments in Los Angeles Times Studios, emphasizing the paper's billion-dollar investment and dedication to its future.
Topics:nationbusiness-media#business-media#dr-patrick-soon-shiong#journalism#layoffs#los-angeles-times#newsroom
- L.A. Times to lay off at least 115 people in the newsroom Los Angeles Times
- The Los Angeles Times plunges into ‘chaos’ as brutal layoffs loom and senior editors call it quits CNN
- LA Times plans to lay off nearly 100 unionized journalists, guild says The Hill
- Managing Editor Sara Yasin departs amid L.A. Times turmoil Los Angeles Times
- Lawmakers Spring to Try to Stop L.A. Times' 'Death Spiral' The Daily Beast
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