This sucks!
National Geographic Society sets biggest layoff in its history
The National Geographic Society of Washington will lay off about 180 of its 2,000-member workforce in a cost-cutting move that follows the sale of its famous magazine and other assets to a company controlled by Rupert Murdoch.
The reduction, the largest in the organization’s 127-year history, appears to affect almost every department of the nonprofit organization, including the magazine, which the society has published since just after its founding in 1888. It also will affect people who work for the National Geographic Channel, the most profitable part of the organization. Several people in the channel’s fact-checking department, for example, were terminated on Tuesday, employees said...
In addition to the layoffs and buyouts, National Geographic Society said it would freeze its pension plan for eligible employees, eliminate medical coverage for future retirees and change its contributions to an employee 401(k) plan so that all employees receive the same percentage contribution.
National Geographic Society Sets Biggest Layoff in Its History
Other articles hint that this may just be the beginning of the layoffs. Many tweeters and FB commenters see it as the beginning of the end of Nat Geo. Typical comment:
National Geographic, 1888 - 2015. RIP.
http://www.dailykos.com/story/2015/11/04/1444157/-Rupert-Murdoch-Took-Over-at-National-Geographic-Today-Immediately-Laid-Off-Award-Winning-Staff
DO SOMETHING!
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