NYRR the nation’s largest nonprofit running association, announced on July 21 that it is laying off 11 percent of its workforce and furloughing another 28 percent, as the coronavirus continues to wreak havoc on the running industry
New York Road Runners is reportedly laying off 11 percent of its workforce and furloughing another 28 percent.
Runners World reports 26 people were let go and 65 were furloughed.
The moves affect 91 of the organization’s 229 employees—65 were furloughed and 26 were let go.
Since the pandemic began in March, NYRR officials have had to cancel more than 20 races, including the New York City Marathon in November, which was to have been its 50th anniversary.
Every year NYRR hosts some of the largest races in the world. In addition to the marathon, it holds the NYC Half, the women’s Mini 10K, and the Brooklyn Half, as well as dozens of smaller events at all distances throughout the five boroughs of New York City and in New Jersey. It also brings running to thousands of people every year outside of racing, with programming for children, seniors, and athletes with disabilities.
NYRR was a recipient of a PPP loan of between $2 million and $5 million when COVID-19 first hit, which, combined with budget cuts, allowed the organization to keep employees for five months.
This comes less than a month after the group announced it had to cancel this year's New York City Marathon due to the pandemic.
It's one of 20 races that have been canceled since March.
Top executives are taking a 15 percent pay cut and the president and CEO is taking a 20 percent cut.
New York Road Runners is the nation's largest nonprofit running association.
posted Thursday July 23rd
by Spectrum News Staff