National Public Radio on Monday said it would do away with its annual summer internship program as a cost-cutting measure.
“We are seeing a worldwide set of economic challenges that have weakened the advertising industry and negatively affected media and technology companies. A major portion of NPR’s revenue comes through corporate sponsorships which are sensitive to changes like this in the economy,” a spokesperson for the outlet told The Hill on Tuesday. “This is a severe financial challenge. We are acting quickly to address it, while preserving and protecting our critical public service and prioritizing the preservation of existing jobs.”
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