LAist Staffers Rail Against 12% Job Cuts While Former CEOs Had $500,000+ Packages | Exclusive
Staff and laid-off journalists at LAist, one of National Public Radio’s most prominent news stations, voiced outrage on Wednesday that layoffs cut 12% of jobs at the organization, while former CEOs raked in over $500,000 per year as recently as 2021.
According to tax records for 2021, former SCPR President and CEO Bill Davis earned $583,356 in total compensation ($549,669 as a W2 employee and additional payments of $33,677) while retired. He was listed on the return as working “0.00” hours per week.
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