PRX cut 10% of its staff Wednesday, the organization confirmed to Current.
“PRX has made the difficult decision to reduce staff size by eight positions,” the company said in a statement. “This unfortunately impacts talented and dedicated colleagues across the organization, and was not a decision made lightly.”
Bloomberg first reported the news.
The organization said that the layoffs were a response to declining podcast sponsorship revenue.
“Every effort was made to avoid this scenario, including multiple cost-saving measures, that is due to decline in podcast sponsorship revenue felt across the industry,” PRX said. “While any one team is not holistically impacted, individuals from teams including marketing, station services, training, and technology and advertising operations have unfortunately been affected. PRX will restructure several teams.”
About 80 people worked for PRX prior to the cuts, a spokesperson said.
Kali Navé, director of advertising operations, said on LinkedIn that she was among those laid off.
NPR also blamed lower than expected podcast sponsorship revenue when it announced in March that it would cut 10% of its staff and end production of four podcasts.
Update: This story has been updated with the number of staffers prior to the layoffs.