LAist lays off eight staffers citing federal funding uncertainty
LAist in Pasadena, Calif., has laid off eight employees due to financial headwinds that could worsen with the potential loss of its federal funding.
“Public media outlets like LAist are especially affected by declining revenue and rising operating costs,” Alejandra Santamaria, president and CEO, told LAist members in a Tuesday email. “In addition, recent changes at the federal level — including a new executive order — may lead to significant reductions in funding for the Corporation for Public Broadcasting. If those changes go into effect, LAist could face the loss of an additional $1.7 million annually.”
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