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” - 2 Patrick Soon - 2 Shiong - 2 Meg James - 2 “ - 2 Kevin Merida - 2 Matt Pearce - 1 Pearce - 1
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Merida California New York U.S
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Los Angeles Times - 2 Democratic - 2 LA Times - 2 . - 2 CNN - 1 The Times - 1 Times - 1 Monday - 1

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☆ Los Angeles Times slashes more than 20% of newsroom staff as the paper confronts a ‘financial crisis’
  + stars: | 2024-01-23 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +4 min
The cuts will impact at least 115 journalists, a person familiar with the matter told CNN, or slightly more than 20% of the newsroom. A spokesperson for The Times, which is owned by biotech billionaire Dr. Patrick Soon-Shiong, did not immediately comment. “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,” Soon-Shiong told James. Soon-Shiong told James on Tuesday, however, that he had lost the confidence of Merida and some high-ranking editors he had appointed. The owner also pushed back against the characterization that the newspaper is in trouble, telling James, “We are not in turmoil.
Persons: ”, Matt Pearce, Pearce, Patrick Soon, Shiong, Meg James, “, James, Kevin Merida Organizations: CNN, Los Angeles Times, The Times, Times, Democratic, Monday, LA Times, . Locations: Merida, California
☆ The Los Angeles Times plunges into ‘chaos’ as brutal layoffs loom and senior editors call it quits
  + stars: | 2024-01-23 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +6 min
New York CNN —The Los Angeles Times is in disarray. The Dr. Patrick Soon-Shiong-owned newspaper, which houses the largest newsroom in the western U.S., has been thrown into a state of mayhem as severe layoffs loom and senior editorial leaders abruptly call it quits. “I cannot overstate the level of chaos,” one staffer, who requested anonymity because they were not authorized to speak publicly, candidly told me on Monday. Then, news of forthcoming mass layoffs ensued, prompting the employee’s union to stage a historic one-day walk out on Friday. “All we are asking for is the opportunity for our newspaper and hardworking journalists to be fairly compensated, and for the L.A. Times to have a fair chance to become a self-sustaining institution.”
Persons: Patrick Soon, “, ”, Kevin Merida, Meg James, — Julia Turner, Sara Yasin, Scott Kraft, Shani Hilton —, alums Hilton, Yasin, Turner, “ Scott, Shiong Organizations: New York CNN, Los Angeles Times, BuzzFeed, alums, Kraft, Tribune Publishing, LA Times, LA Times Studios, Democratic, California, . Locations: New York, U.S
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