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Saturday, September 14, 2013

NPR Offering Buyouts To Cut Staff By 10 Percent

NPR said Friday that it was offering across-the-board buyouts in hopes of cutting its staff by 10 percent and eliminating its deficit.

The buyouts, which are to be offered across the entire public radio organization, were approved by NPR's board of directors to help with a projected operating deficit of $6.1 million.

NPR, formerly known as National Public Radio, also announced Friday that Paul Haaga Jr., a board member since 2011, will take over as acting president and CEO effective Sept. 30. A search committee has been appointed to find a permanent replacement.

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4 comments:

  1. Very good...cannot deceiving the public...

    ReplyDelete
  2. Lefties just don't get it.

    ReplyDelete
  3. Why not close the business that is losing money every day? That's what we have to do.

    ReplyDelete

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