Greater Louisville Inc

Local News
6:34 am
Thu October 3, 2013

Greater Louisville Inc.'s CEO Addresses Layoffs in Open Letter

Craig Richard
Credit File photo

Greater Louisville Inc. is characterizing recent staff reductions as re-focusing on the organization's priorities—"economic development and outstanding member services"—and "not just a cost-cutting measure."

In an open letter, GLI CEO Craig Richard said the cuts—eight staff positions, not including a pair of recent resignations—wouldn't directly harm the organization's teams focused on economic development work for Louisville. He's also instituted a hiring freeze, a travel freeze, a "stringent" expense approval process and other measures.

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