Headline : Los Angeles Times Lays Off 13% Of Newsroom Staff; First Major Cuts Under Billionaire Patrick Soon-Shiong’s Ownership

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The Los Angeles Times announced newsroom layoffs today for the first time since biotech billionaire Patrick Soon-Shiong bought the paper in 2018. The cuts include 74 positions, representing about 13% of the total newsroom headcount.

Full-time and temporary workers will be let go, including a handful of managers. Reporting positions are expected to be largely spared but production staff will be trimmed, including editors on the news and copy desks as well as the audience engagement team. Some photographers and audio producers will also be cut.

LAT Executive Editor Kevin Merida announced the move in a note to staff. Merida indicated the decision was “made more urgent by the economic climate and the unique challenges of our industry.”

He called such decisions “agonizing,” adding, “We will be saying goodbye to some tremendous colleagues.”

Read more from the original article on here at deadline.com.

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