NPR Seeks to Reduce Staff by 10 Percent Via Buyouts
Tucked within a release naming its new president and CEO, NPR announced today that it would seek to reduce its staff by 10 percent through a voluntary buyout plan. (The Washington-based organization employed 840 people in 2012.)
NPR's board of directors just approved a budget for fiscal year 2014, which includes a deficit of $6.1 million, or 3.1 percent of its $178.1 million in revenue. The buyouts are intended to help plug the spending gap and, according to the release, will be offered "broadly across the organization."
The board named Paul G. Haaga, Jr. as acting president and CEO effective Sept. 30. Haaga has been a member of the board for two years, most recently as its vice chair and chair of its finance committee. He succeeds Gary Knell, who announced last month he'd be leaving to become the president of National Geographic Society.