National Public Radio will lay off 10% of its staff after projecting a $30 million budget shortfall, NPR’s chief executive John Lansing wrote in a memo to staff Wednesday. It becomes just the latest media outlet to make painful cuts as a dramatic slowdown in the advertising market continues to send shockwaves through the industry.
“With approximately 65% of our budget supporting personnel costs, we will need to eliminate many of the vacant positions that have been frozen. We will also need to reduce filled positions by approximately 10%,” he said. Lansing said he hoped to have final decisions about which positions would be eliminated around March 20. In recent months, the media and technology sectors have taken a battering as advertisers tighten spending amid economic uncertainty.
What did they think would happen to their conservative donors when they shit all over them?
Good. This entire propaganda organization should be defunded.
Only 90% more to go. Go woke, go broke. At least the laid off propagandists will be able to easily find jobs in Biden's booming economy (LOL.) If not, the local windmill/solar panel factory should be hiring soon. Or ditches to be dug for infrastructure projects. So many…
Good.
NPR is way too Bias