Internal Los Angeles Times letter sent to 40 employees indicated 16-week furloughs that could convert to layoffs. Due to covid, "The Times has lost more than one-third of its advertising revenue and expects to lose more than half of its advertising revenue in the coming months."

Other changes, per company spokesoman:
* Execs on business and editorial side taking paycuts;
* Suspending 401(k) matching;
* Meeting with union reps to discuss "expense-saving initiatives"