National Public Radio will lay off 10% of its staff after projecting a $30 million budget shortfall, NPR's chief executive John Lansing wrote in a memo to staff Wednesday.
It becomes just the latest media outlet to make painful cuts as a dramatic slowdown in the advertising market continues to send shockwaves through the industry.
The layoffs at the public broadcaster, home to the popular news programs "Morning Edition" and "All Things Considered," will result in at least 100 positions being eliminated, an NPR spokesman told CNN. "With approximately 65% of our budget supporting personnel costs, we will need to eliminate many of the vacant positions that have been frozen. We will also need to reduce filled positions by approximately 10%," he said.
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