variety.com
Gene Maddaus-Senior
Los Angeles
Coronavirus
pandemic
country
Gene Maddaus-Senior
Los Angeles
L.A. Times Newsroom to Take 20% Pay Cut for Three Months
Reading now: 417
variety.com
variety.comBy Gene Maddaus Senior Media Writer The Los Angeles Times newsroom will receive a 20% cut in pay and hours over the next three months, as the paper looks to save $2 million.
The paper has seen advertising virtually dry up amid the pandemic, and had previously given furloughs and pay cuts to some non-union workers on the business side.
The L.A. Times Guild, which represents newsroom employees, issued a statement saying that the company had agreed not lay anyone else off for the remainder of the quarter. “We are thankful that management accepted our proposal to avert layoffs, but this is a painful cut,” the statement read. “Like the vast majority of newsrooms across the country, The Times has lost significant revenue due to the coronavirus
Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations