NPR to Cut , 10% of Its Workforce.
NPR to Cut , 10% of Its Workforce.
CNN reports that John Lansing, chief executive of NPR, made the announcement on Feb.
22 via a memo to employees.
When we say we are eliminating filled positions, we are talking about our colleagues — people whose skills, spirit, and talents help make NPR what it is today, John Lansing, chief executive of NPR, via memo to employees.
This will be a major loss, John Lansing, chief executive of NPR, via memo to employees.
According to Lansing, the network is dealing with a "sharp decline" in corporate sponsor revenues.
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After already cutting $14 million in expenses, NPR still expects to endure a $30 million budget deficiency.
With approximately 65% of our budget supporting personnel costs, we will need to eliminate many of the vacant positions that have been frozen.
, John Lansing, chief executive of NPR, via memo to employees.
We will also need to reduce filled positions by approximately 10%, John Lansing, chief executive of NPR, via memo to employees.
A final decision about which positions will be terminated is expected around March 20.
CNN reports that both the media and technology sectors have taken a hit in recent months as advertisers pull back on spending amid rising inflation and economic uncertainty.
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CNN reports that both the media and technology sectors have taken a hit in recent months as advertisers pull back on spending amid rising inflation and economic uncertainty.
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Other news organizations such as CNN, NBC, MSNBC and more have had to make staff cuts as well
