NPR Cuts 10% Of Workforce – “Largest Reduction In Staff Since The 2008 Recession”

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The fake news media is struggling.

NPR is cutting 10% of its workforce.

They are cutting their employees from 1,200 to around 1,050.

Fox News reported:

National Public Radio was the latest media organization to implement mass layoffs, leading to the cancelation of multiple programs.

NPR itself confirmed Thursday that it had cut 10% of its workforce on Thursday, impacting roughly 100 employees, adding that it tends to roll back the workforce from 1,200 to an estimated 1,050 employees, the “largest reduction in staff since the 2008 recession.”

“We literally are fighting to secure the future of NPR at this very moment by restructuring our cost structure. It’s that important. It’s existential,” NPR chief executive John Lansing told NPR’s media correspondent David Folkenflik.

The liberal outlet also halted several podcasts: “Invisibilia,” “Louder Than a Riot,” “Rough Translation” and “Everyone & Their Mom.” None of its radio shows were canceled.

Revenue for NPR is expected to drop by close to $30 million in 2023.

NPR:

On an annual budget of roughly $300 million, Lansing says, revenues are likely to fall short by close to $30 million, although that gap could reach $32 million.

“We’re not seeing signs of a recovery in the advertising market,” Lansing says in an interview. “Nothing is nailed down yet except the principles and what we know we have to reach.”

They should try reporting the truth.