Manufacturing Group Cuts Budget & Workforce
The National Association of Manufacturers, which employs one of the highest paid DC trade association executives, John Engler, who received total compensation of $1.2 million in 2006, has laid off staff just weeks before Christmas, my colleague Bara Vaida at National Journal's "Under The Influence" lobbying blog reported Tuesday. The group has joined hands with the tech sector on a number of issues recently, including advocacy for stronger intellectual property rights for U.S. goods.
NAM is cutting its budget by 10 percent resulting in the elimination of 17 full-time positions. In an email to his board, Engler wrote that the action was "difficult but necessary" and by "acting now to reduce costs, we preserve our ability to provide you, our members, with critical services." "In this time of unprecedented political change and economic turmoil, our manufacturing agenda is essential to our nation's recovery. The NAM remains dedicated to its success," he stated. Read the full email here.
Categories:
Extras
Join the Discussion
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus