LOS ANGELES (AP) — Guild members of the Los Angeles Times walked off the job Friday to protest what it says are imminent layoffs, the first newsroom union work stoppage in the newspaper's 143-year history. The guild said members would also protest in other cities. Dr. Patrick Soon-Shiong, a biotech billionaire, acquired the Times in 2018, returning it to local ownership two decades after it was sold to Tribune Co. Political Cartoons View All 253 ImagesA Times' representative told the paper that revenue projections were under review and expenses were being carefully examined. “We need to reduce our operating budget going into this year and anticipate layoffs,” spokeswoman Hillary Manning said in a statement.

Source: Los Angeles Times January 20, 2024 00:27 UTC