Los Angeles Times announces 74 job cuts due to economic challenges

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Los Angeles Times announces 74 job cuts due to economic challenges
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The Los Angeles Times announced plans to cut 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization.

FILE - The Los Angeles Times building is seen behind a fence behind the Los Angeles International Airport, Friday, April 10, 2020. The Los Angeles Times on Wednesday, June 7, 2023, announced plans to cut 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization. – The Los Angeles Times on Wednesday announced plans to cut 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization.

“We have done a vast amount of work as a company to meet the budget and revenue challenges head on. But that work will need acceleration and we will need more radical transformation in the newsroom for us to become a self-sustaining enterprise,” Merida wrote. The newspaper industry has struggled for years with such challenges as advertising has shifted from print to digital, and readers have abandoned local newspapers for online sources of information and entertainment.

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