Also, apparently 2 of the 4 Managing Editors resigned. Layoffs might be almost as high as 1 in 4 newsroom staff. Including last year’s layoffs, over 1/3d of the news staff is gone.

The paper blames Covid restrictions for causing business disruption – yet the LA Times was one of the most prolific voices calling for draconian Covid restrictions.

They were not the nicest people either. Hiltzik was their previously fired for three years, business columnist – who then got rehired. Bizarre.

The LA Times announced in 2013 that it was the arbiter of truth and would begin censoring dissenting perspectives. The LA Times announces will not publish any letters to the editor that are skeptical of any aspect of climate change: On letters from climate-change deniers – Los Angeles Times (latimes.com)

It has not occurred to the journalistic intelligentsia that the reason they are losing money is they are not producing a useful product that anyone actually wants. Instead, from the above article at top, they are now seeking everything from government subsidies to laws demanding that tech companies pay them for linking to their “news” articles.

Update: Time Magazine is laying off 15% of its staff, as of today.