Good News: WWF Germany Is in Financial Trouble

The German World Wildlife Fund (WWF) board is taking financial emergency measures: Blaming rising costs and increasingly scarce resources, it had an obligation to “secure the economic stability of WWF Germany in the short term,” according to an internal letter that reportedly went out to employees at the end of June. Behind closed doors, the works council (is a group of elected employees who collaborate with management on behalf of the company’s workforce) had been negotiating job cuts and restructuring with the board of WWF Germany for months. The result, according to internal documents made available to NDR and WDR media and Süddeutsche Zeitung: Up to 80 of Germany WWF’s almost 500 employees are apparently to be let go. Central departments are to be dissolved and thereby saving a total of €4.5 million a year in personnel costs by these cuts.