The Los Angeles Times announced it is cutting 74 positions across its newsroom, becoming the latest media company to take a knife to its budget amid declining ad sales and audience numbers. The eliminated positions represent 13 percent of the newsroom.
in an article about the cuts, but news editors, copy editors, managers, audio producers, audience engagement specialists and temporary workers will be among those laid off.
The eliminated positions, which include full-time and temporary workers, represent about 13 percent of the newsroom — and about half of the 150 positions that were created “Decisions that result in talented staffers losing their jobs are agonizing,” Times Executive Editor Kevin Merida wrote in a note to the newsroom Wednesday. “We will be saying goodbye to some tremendous colleagues.”“We have made the difficult decision to undergo a reorganization and eliminate certain positions within the company,” Hillary Manning, vice president of communications for the Los Angeles Times, said in a statement.
The Times enjoyed a burst of expansion and revenue growth following the 2018 sale. But the paper has struggled to combat a slowdown in advertising sales and subscriptions amid “persistent economic headwinds” affecting news companies nationwide, Merida wrote to employees.
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