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Date Posted: 9:42:01 2/24/23 Fri
Author: Jasper
Subject: For the love of God, oh, the humanity.

.
NPR to lay off 10 percent of staff in ‘major loss’ as ad revenue drops

Lansing warned that NPR’s “financial outlook has darkened considerably over recent weeks” due to a weakening advertising market and a “sharp decline” in revenue from corporate sponsors.

The plunge in sponsorship dollars hammered NPR’s expensive podcast division, which is home to popular shows such as “All Things Considered” and “Fresh Air.”

The cuts will impact about 100 employees in total, according to NPR reporter David Folkenflik.

“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,” Lansing wrote in a memo to staff on Wednesday.

https://nypost.com/2023/02/23/npr-to-lay-off-10-of-staff-as-ad-revenue-drops/

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