Battered by the aftermath of historic wildfires and worsening economic conditions, the city of Los Angeles is projecting that it will face an estimated $1bn shortfall in its budget next year, which is likely to result in major cuts to city services.
Next year’s nearly $1bn budget gap “makes layoffs nearly inevitable”, city administrative officer Matt Szabo told the city council on Wednesday. “We are not looking at dozens or even hundreds of layoffs, but thousands.”
