Presbyterian Church reducing workforce at Kentucky headquarters.

The Presbyterian Church (U.S.A.)
eliminated 49 more jobs at its Louisville headquarters.
The Courier-Journal reported that the church, struggling
financially, announced the cuts on Friday that included a
combination of layoffs, voluntary severance and attrition.
The cuts come after the council's governing board earlier this
week approved an $82 million budget for 2011 and $80 million for
2012 - down from this year's budget of $93.8 million.
The newspaper reported that the denomination has been coping
with losses in membership, congregations, contributions and
investment returns.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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