The Los Angeles Times offers a voluntary acquisition to employees who have been in the newspaper for more than two years under Dr. Patrick, in order to move the left-leaning outlet further into the middle.
In an email to staff late Monday, Brass of the LA Times said the paper was “an important source of news and information from our cities, regions, states and beyond, but economically in the media industry.” He said the landscape remains extremely challenging. The difficult financial situation facing the Times requires us to remain keen on managing costs.”
“By offering this voluntary acquisition program, we aim to provide your people who may be interested in the flexibility to explore your options,” the memo said. It wiped out much of the Pacific Pallisad and Altadena.
Neither the La Times nor its association, the La Times Guild, responded to requests for comment.
The news, first reported by Semafor, reported that billionaire owner Sonothiong last year, blocked him from issuing the editorial board’s then-democratic presidential candidate Vice, which was approved by its papers. It came after saying it wanted a better “balance” against the liberal editorial reporting. President Kamala Harris.
Thousands cancelled their subscriptions in protest, and several members of the editorial board resigned at the time.
Soon-Shiong wrote to X in November that “it’s fair and balanced so that every voice can be heard and all American views can be exchanged in honor of left-to-right.” I am.
“Coming soon. New Editorial Board. Trust in the media is important for a strong democracy,” Soon-Shiong writes in X.
In December, the owner requested that the editorial board “take a break from writing.”
The owner recently tapped conservative commentator Scott Jennings to serve on the newspaper editorial board.
Before these changes, the newsroom endured a brutal layoff last January, where more than 115 jobs (over 20% of 500 newsrooms) were one of the newspaper’s biggest workforce cuts in 142 years. I’ve marked it. Old history.
At the time, Soon-Shiong said the publication lost between $30 million and $40 million a year.
