Free Republic

National Public Radio announced this week that it will cut roughly 10% of its workforce as the station struggles to cope with falling revenues. CEO John Lansing announced the cuts in a memo that The Hill obtained, indicating that the firm is in dire financial straits. "We had created a plan to address a $20M sponsorship revenue falloff for FY23 but we are now projecting at least a $30M shortfall. The cuts we have already made to our budget will not be enough," he said. "Unlike the financial challenges we faced during the worst of the pandemic, we project increasing...