1,200 Jobs at Risk at The National Trust
July 30 2020
Posted by Adam Busiakiewicz:
The National Trust, an organisation that cares for a substantial collection of historic properties and art collections in the UK, has announced that 1,200 jobs are at risk due to the covid crisis. This is roughly 13% of their salaried workforce. The Trust has said that it expects to lose £200m worth of revenue this year and is looking to make £100m worth of savings.
In a statement the charity said:
Nearly 40% of the proposed savings (£40m) will be non-pay spending cuts, including reducing travel and office costs, reducing marketing and print spend in favour of digital, renegotiating contracts, reducing IT spend and introducing more efficient processes to manage key areas of the charity.
Update - Here is the full press release from the National Trust.