Published 1 year ago

NPR to cut jobs by 10 percent

Summary by Ground News

National Public Radio plans to lay off about 10% of its current staff due to the soft ad market and a drop in revenue from corporate sponsors. In a memo to staff, NPR CEO John Lansing wrote that the global economy remains uncertain. NPR is the latest media outlet to announce layoffs, with The Washington Post, Gannett, NBC News and CNN also trimming staffs.

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CNN

NPR to cut 10% of its staff in "a major loss" for the public radio network, CEO says

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.

1 year ago·Atlanta, United States

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CBS News

NPR to cut 10% of its staff in "a major loss" for the public radio network, CEO says

National Public Radio will lay off 10% of its staff after projecting a $30 million budget shortfall.

1 year ago

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The Hill

NPR to cut jobs by 10 percent

National Public Radio is cutting around 10 percent of its workforce amid falling ad revenue and economic uncertainty, its CEO John Lansing announced Wednesday. The nonprofit media organization’s financial outlook “has darkened considerably” in recent weeks, Lansing wrote in a memo to staff, shared with The Hill, as it faces a “sharp decline” in revenues…

1 year ago·Washington, United States

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NY Daily News

NPR to cut 10% of workforce due to projected revenue drop

The cuts are said to be a result of losses in adverting.

1 year ago·New York, United States

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Variety

NPR to Cut 10% of Workforce as Ad Revenue Slumps

NPR will lay off 10% of its workers, or more than 100 employees, as its feels the pinch of a slowdown in advertising and sponsorship revenue.

1 year ago·Los Angeles, United States

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Deadline

NPR To Layoff About 10% Of Current Staff As Financial Outlook Has “Darkened Considerably”

NPR plans to layoff about 10% of its current staff due to the soft ad market and a drop in revenue from corporate sponsors, as well as uncertainties in the global economy overall.

1 year ago·Los Angeles, United States

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