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21%  
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  • LA mayor: $800M deficit, layoffs coming, seeking bailout

    04/23/2025 6:24:07 AM PDT · by george76 · 25 replies
    Center Square ^ | Apr 21, 2025 | Kenneth Schrupp
    Los Angeles Mayor Karen Bass said Monday the city faces an $800 million deficit, plans plans to lay off 1,647 staff, is seeking a state bailout and has “identified new revenue.” Bass blamed the Trump administration and the economy for falling revenue. ... With 61,455 employees, 1,647 layoffs equate to a workforce reduction of 2.7%. With just over $8.3 billion paid out in payroll last year, the city pays its employees an average of $135,355 per year, or more than double the median citywide salary of $57,247 per year. This means the announced layoffs would only cover about a quarter...