National Public Radio is laying off ten percent of its workforce, mainly due to a decline in advertising revenue.
Conservatives have long called for defunding NPR because of its apparent bias against Republicans, which is run over and over again with taxpayer dollars.
If liberals want to fund NPR, let them do it with their own money, not tax dollars.
NPR Says Financial Outlook “Significantly Gloomy” to Layoff About 10% of Current Staff
NPR plans to lay off about 10% of its current staff due to a soft advertising market and a decline in revenue from corporate sponsors and uncertainty in the overall global economy.
In a memo to staff, NPR CEO John Lansing said, “Our economic outlook has darkened considerably in recent weeks. While we are doing some of our most ambitious and necessary work, the global economy remains uncertain.
NPR announced the hiring freeze last year as part of a cost-cutting plan amid a $20 million drop in sponsorship revenue. But for fiscal year 2023, that shortfall is now projected to be at least $30 million, Lansing wrote.
“The cuts we have already made to our budget are not enough,” Lansing wrote.
NPR’s David Folkenflik, who first reported on the layoffs, wrote that the layoffs will affect at least 100 people. NPR is cutting many of its open positions.
NPR is the latest media outlet to announce layoffs, with the Washington Post, Gannett, NBC News and CNN also trimming staff recently.
“Unlike the challenges we faced during the worst of the pandemic, we project rising costs and no signs of a quick revenue rebound,” Lansing wrote. “We have to make adjustments to control, and that’s our spending.”
As you may recall, when the Hunter Biden laptop story broke before the 2020 election, NPR refused to cover the story, calling it a distraction.
Why haven’t you seen any stories from NPR about the NY Post’s Hunter Biden story? Read more in this week’s newsletter➡️ https://t.co/CJesPgmGvo pic.twitter.com/jAi7PnpbZf
— NPR Public Editor (@NPRpubliceditor) October 22, 2020
NPR deserves to fail. It is beyond reformation and must be cheated.