Fewer print subscriptions, less advertising revenue, a shift to digital business – this is causing problems for many newspapers. Apparently a fifth of the editorial team at the Los Angeles Times is to be laid off.
Layoffs are apparently imminent at the “Los Angeles Times”: The approximately 143-year-old newspaper is planning to cut a “significant” number of jobs, employee representatives said. The newspaper itself reported, citing people familiar with the matter, that the layoffs could affect at least 100 journalists, or about 20 percent of the editorial team.
The employee representatives announced a one-day strike. They called on the management of the “Los Angeles Times” to come to the negotiating table and make clear statements about savings goals. These should be implemented with as few layoffs as possible. “We are disappointed with the union’s decision, but respect their right to strike,” said the newspaper’s publisher’s website.
Editor-in-chief resigned
Editor-in-Chief Kevin Merida resigned from his post last week after more than two years. The decline in print subscriptions and the shift to digital business is causing problems for many newspapers. Weak sales also mean less advertising revenue, while many publishers find it difficult to earn enough money with journalistic content on the Internet.