Suggesting Finance
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Suggesting Finance
No Result
View All Result
Home Economy

Los Angeles Times plans ‘significant’ layoffs, guild says

News Room by News Room
February 12, 2024
Reading Time: 1 min read
0
Euro zone labour market shows no sign of weakening: Lagarde

(Reuters) -Los Angeles Times plans to lay off a “significant” number of journalists, the newspaper’s guild said on Thursday, adding that they would organize a one-day walk-out on Friday to protest against the planned move.

The layoffs could impact at least 100 journalists or about 20% of the newsroom in a move to address the paper’s financial pressures, the Los Angeles Times reported separately, citing people familiar with the matter.

“The management needs to come to the bargaining table in good faith and work out a buyout plan with us that would first articulate a clear headcount or cost saving they’re aiming for,” the guild said in a statement, adding that the management should then try to hit that number with as few layoffs as possible.

In an emailed response to Reuters, the guild said it was unaware of the number of job cuts. “Management has refused to say on the record what it is, which is part of why we’re walking out tomorrow.”

“We are disappointed in the Guild’s decision, but respect their right to strike,” the Los Angeles Times said in response to an email seeking comment.

The job cuts come after the newspaper’s executive editor, Kevin Merida, stepped down from his role last week after more than two years.

Read the full article here

ShareTweetSendSend

Related Posts

Bessent torches Democrat's ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point
Economy

Bessent torches Democrat's ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point

April 24, 2026
Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue
Economy

Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue

April 22, 2026
Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future
Economy

Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future

April 21, 2026
Jamie Dimon says US has 'become like Europe' on defense, and it's holding the country back
Economy

Jamie Dimon says New York, other cities face worker 'exodus' as lawmakers push higher taxes

April 20, 2026
Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong
Economy

Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong

April 19, 2026
More American workers are struggling than thriving for first time: poll
Economy

US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows

April 18, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Suggesting Finance

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Bessent torches Democrat's ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point
  • Housing crisis hits all ages as homeownership declines nationwide
  • Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2023 Suggesting Finance. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2023 Suggesting Finance. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.