Friday, September 13, 2013

NPR Offering Buyouts; Hopes to Reduce Staff by 10 Percent

Logo used during 1970s
 (Photo credit: Wikipedia)
In a closed board meeting yesterday, NPR tackled an anticipated $6.1 million operating deficit for the coming fiscal year by agreeing to offer buyouts in hopes of reducing its workforce by 10 percent.

The Washington Post reported today that 80 to 84 employees would be cut loose from NPR's 840-member staff if the buyouts work as intended. The NPR board also named former SEC attorney Paul G. Haaga, Jr., a member of NPR's board since 2011, its interim CEO, replacing Gary Knell, who is departing in November to take the helm of the National Geographic Society.

The 10 percent staff reduction is one of the largest in NPR's history, according to the Post article.  The astute "TUOL" staff suspected something was amiss when it noticed NPR's giveaway tote bags seemed smaller.

Perhaps the company can hit up its favorite philanthropist, Hugh R. Lisnerz, for some money.
Enhanced by Zemanta

No comments:

Post a Comment