Los Angeles Times Went Woke, Now Is Going Broke

Published on January 29, 2024

Commentary Going woke dried up a significant portion of Bud Light sales. Making woke movies tanked Disney’s stock. Earlier this month, Sports Illustrated went so woke it went broke. Now the Los Angeles Times, long a woke leader, is laying off 115 journalists, 20 percent of the workforce. “The cuts were necessary because the paper could no longer lose $30 million to $40 million a year without making progress toward building higher readership that would bring in advertising and subscriptions to sustain the organization, said the paper’s owner, Dr. Patrick Soon-Shiong,” the paper reported. Said the owner, who bought the paper six years ago, “Today’s decision is painful for all, but it is imperative that we act urgently and take steps to build a sustainable and thriving paper for the next generation. We are committed to doing so.”...

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