The Financial Crisis Hits Sesame Street

2009-03-13 02:45:31 (GMT) (WiredPRNews.com - Entertainment, News)

The workshop of the hit children’s program is cutting workers due to the recession.

Wired PR News – Sunny days have not managed to chase all clouds away on “Sesame Street.” As reported by the Associated Press (AP), the recession has led to Sesame Workshop, the nonprofit organization who produces the hit PBS children’s program, being forced to layoff 67 members of the show’s staff. The company is quoted as stating in their announcement of the changes that it is, “not immune to the unprecedented challenges of today’s economic environment” and there was a need “to operate with fewer resources in order to achieve our strategic priorities.” The statement also reportedly included an emphasis on the organizational mission “of helping children reach their highest potential here and around the globe.”

Sesame Street has been a children’s programming favorite for decades, having introduced the world to unforgettable characters like Big Bird, Oscar the Grouch, and Elmo.

Photo Credit: Carolee Mitchell