Another Street Eats the Recession Bust--Sesame Street, That Is
After over 30 years of being on-air, Sesame Street has earned a reputation of being a constant presence in children's lives despite recessions, wars and natural disasters. In the wake of the current economic crisis, even Sesame Street isn't immune from the wave of layoffs.
According to Entertainment Weekly, the Sesame Workshop is set to layoff 20 percent of its workforce, or 71 employees. It's unheard of for the children's television company, which has been in business since 1969.
Yet to hear it from the Sesame people themselves, it is as though the economic crisis hasn't happened. On their blog at sesameworkshop.org, there is little trace of bad news, not even a press release.
They aren't the only non-profit company affected by the recession. In December, National Public Radio announced that it was canceling its Day to Day program, which aired for five years.