Pandemic taking an ax to association revenue, staff and pay
- April 24, 2020 |
- CEO Update
More groups report cutting CEO and staff compensation, laying off or furloughing workers; many trying to ‘live to fight another day' Layoffs and across-the-board pay cuts have struck the association sector, particularly at groups hardest hit by pandemic-related stay-at-home orders. One small group representing food sellers and suppliers at venues like movie theaters says that if its big July meeting is canceled, it could be curtains for the 75-year-old association. CEO Update talked with a number of groups laying people off and/or cutting pay for staff, including the National Society of Professional Engineers, American Association of Airport Executives, and the National… Read More