The reduction will affect 11 staffers, or about six percent of the organization.
CEO Joana Vicente made the announcement to staff today, according to a familiar source. The layoffs have impacted 11 staffers, or about six percent of the 180-person organization.
Explained Vicente in a memo to staff, which has been obtained by, “We entered FY23 with a deficit, and it has gotten more expensive to run the Institute due to rising costs from inflation, a drop in our earned revenue, and a more challenging fundraising climate.”
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