Today, the Academy of Natural Sciences announced that it would not be making layoffs, but instead cutting salaries:
The Academy of Natural Sciences today announced staff salary cuts and a hiring freeze in order to preserve jobs and maintain current operations in the challenging economic climate.Not groundbreaking stuff, but nonetheless encouraging.
Academy President and CEO William Y. Brown said staff salaries throughout the museum would be reduced overall by about 5 percent starting April 1. The reduction will be tiered, with the president cutting his own salary by 10 percent and other salary cuts scaled down to 4 percent, based on salary level. The salaries of those making $30,000 or less per year will not be affected.
Academy of Natural Sciences cutting salaries up to 10% [ Philadelphia Business Journal ]