Job Reductions Announced at EBSCO: Statement From the Company’s CEO, Tim Collins
Here’s the full text of a statement from EBSCO CEO, Tim Collins:
The impact of COVID-19 has been wide-reaching and continues to take its toll on our lives and the economy. With all that’s going on around us, we expect that EBSCO’s business will be impacted as well. As such, we have concluded that making difficult decisions now will allow us to prosper and provide opportunities for many people over the long run. While we have reduced non-employee expenses as much as possible, unfortunately we had to make position cuts as well, and those people impacted were informed on Wednesday. EBSCO has more than 3,000 employees worldwide and these cuts represent less than five percent of our workforce.
This was a hard day for EBSCO. We are proud of our ability to employ so many great local people and support local families. We will miss our colleagues, we are grateful for all that they contributed, and we will support them through their transition. We have tremendous appreciation for the work that the individuals have done for EBSCO and wish them the best in the future.
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.