Sunday, May 16, 2010
Presbyterian Church Makes Cuts
KENTUCKY...
The Presbyterian Church eliminated 49 more jobs at its Louisville headquarters. The church announced cuts on Friday that included a combination of layoffs, voluntary severance and attrition. The council's governing board approved an $82 million budget for 2011 and $80 million for 2012, down from this year's budget of $93.8 million. The denomination has been coping with losses in membership, congregations, contributions and investment returns.
The Presbyterian Church eliminated 49 more jobs at its Louisville headquarters. The church announced cuts on Friday that included a combination of layoffs, voluntary severance and attrition. The council's governing board approved an $82 million budget for 2011 and $80 million for 2012, down from this year's budget of $93.8 million. The denomination has been coping with losses in membership, congregations, contributions and investment returns.
# posted by Homer Owens @ 4:57 AM 
