The Los Angeles City Controller says that officials are preparing to declare a fiscal emergency due to several factors, and over 600 layoffs are “on the table.”
City Controller Kenneth Mejia stated late Monday night that massive liability payouts, overspending and revenue shortfalls are the main reasons behind the fiscal emergency declaration.
“In order to balance the budget, 614 layoffs are on the table,” Mejia said on X. “The city will do its best to transfer employees [and] fill vacant positions.”…