LA Times Staff Stage Historic Walkout in Protest of Anticipated Layoffs
The walkout, the first in the publication's 142-year history, comes as the paper's owner struggles to reduce annual losses estimated to be as high as $50 million.
- Los Angeles Times staff staged a walkout on Friday to protest anticipated layoffs that could reduce the staff by as much as 20 percent.
- The company had previously informed employees to anticipate layoffs due to budgetary concerns, but the exact number of employees to be laid off is still unknown.
- The walkout, which is the first in the publication's 142-year history, was observed by about 90 percent of the union's membership.
- Staffers who participated in the walkout forfeited their salary for the day and found their access to the company’s email and internal message systems were cut off.
- The layoffs come as the paper's owner, biotech billionaire Patrick Soon-Shiong, struggles to reduce the paper’s annual losses, which have been estimated to be as high as $50 million a year.