NPR announced a buyout plan to reduce its payroll by 10 percent to help close the gap of a $6 million projected deficit in the upcoming fiscal year. The announcement came Friday despite the fact that the radio and digital news organization, which received 2 percent of its funding from the federal government, seemed to be on the upswing, The Washington Post reported. NPR opened its new headquarters building in April near the U.S. Capitol. The building cost $201 million and includes an in-house restaurant with an executive chef, healthcare facilities, an employee gym and a gift shop, the Post said. Audiences for the organization's "Morning Edition" and "All Things Considered" have surpassed more than 26 million listeners each week, and a new bureau was added in Rio de Janeiro this year. NPR had seemingly avoided the worst effects of the Great Recession and the digital revolution that has struck many other media organizations, The Post said. "It's a challenging time for everyone in our profession," NPR host Scott Simon said. "I'm struck by the confidence that our leadership has that voluntary buyouts will bring [NPR's finances] back into line. I certainly hope so."
GMT 19:17 2018 Sunday ,07 January
Barack Obama to be David Letterman’s first Netflix guestGMT 08:22 2018 Thursday ,04 January
Cutler and Gross appoints Press OfficerGMT 15:44 2018 Wednesday ,03 January
Govt. Official Sues Journalists for Leaking Classified DocumentsGMT 10:48 2017 Thursday ,28 December
Tunisian’s Social Media Brawl with the UAEGMT 18:54 2017 Wednesday ,27 December
Myanmar court remands Reuters journalists for 2 more weeksGMT 17:30 2017 Tuesday ,26 December
Saudi Citizen Account beneficiaries to be informed via SMSGMT 16:59 2017 Tuesday ,26 December
‘We Will Remain’ depicts Aleppo in three-minute reality filmGMT 18:00 2017 Monday ,25 December
Trial of Turkey opposition newspaper staff resumesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor