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