LA Plans 1,600 Job Cuts to Help Close $1 Billon Budget Hole (1)

Facing a nearly $1 billion budget shortfall, Los Angeles Mayor Karen Bass on Monday proposed deep cuts, including laying off roughly 5% of the city’s workforce, to help stabilize finances after January’s deadly wildfires and a drop in revenue.

The mayor’s $14 billion budget for the 2025-26 fiscal year holds general fund spending flat, but shifts priorities and eliminates 1,647 jobs.

“Turmoil and uncertainty from Washington, and a slowing economy, are causing lower revenue projections to the tune of hundreds of millions of dollars,” Bass said during her state of the city address on Monday. “Combined with personnel costs and, ...