NY Archdiocese lays off workers - New York Post

Nov 17, 2024 · The Archdiocese of New York is laying off employees due to a “financial crunch,” according to Cardinal Timothy Dolan. Matthew McDermott. The pink slips are going to 18 …

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NY Archdiocese Announces Layoffs Amid Financial Restructuring And ...

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Nov 8, 2024 · Cardinal Timothy Dolan laid off 18 employees as part of a financial restructuring across offices of the Archdiocese of New York as part of budget cuts to save at least $1.5 million.

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New York Archdiocese Lays Off Workers To Reduce Financial Strain

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The Archdiocese of New York is laying off 18 administrative staff members, aiming to save over $1.5 million annually. The decision comes amidst financial difficulties, partly attributed to the ...

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New York Archdiocese Lays Off Staff To Address Costs From Sex …

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Nov 17, 2024 · The Archdiocese of New York is laying off 18 workers, about 4% of its administrative staff, to address financial challenges linked to the Catholic Church's sex-abuse …

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FAQs about NY Archdiocese lays off workers - New York Post Coupon?

Why is the Archdiocese of New York laying off workers?

The Archdiocese of New York is laying off workers — and says more staff may have to go — to help pay for the Catholic Church’s sex-abuse scandal. The cash-strapped Church already previously announced the sale of the archdiocese’s Cardinal Cooke headquarters building in Midtown. ...

Will layoffs save the Archdiocese?

The layoffs are expected to save the archdiocese over $1.5 million annually. This comes after the recent sale of the Cardinal Cooke headquarters building in Midtown Manhattan for over $100 million. The archdiocese plans to relocate its administrative offices to a smaller building on Madison Avenue. ...

Does the Archdiocese of New York pay compensation to victims?

The Archdiocese of New York “has substantial financial resources to pay just compensation to victims today and Chubb continues to fund the legal defense of the Archdiocese under a reservation of rights,” Chubb said in a statement. ...

Could the Archdiocese of New York file for bankruptcy?

The Archdiocese of New York could have to file for bankruptcy if insurance companies don’t cover claims made by people who say they were abused by clergy members. AP Chubb insured the Archdiocese of New York, which serves 2.5 million Catholics, and its affiliated parishes and schools between 1956 and 2003. ...

How much will a pink slip save the Archdiocese?

Matthew McDermott The pink slips are going to 18 staffers, or about 4% of the work force involved in the archdiocese’s administration, and will save more than $1.5 million as officials focus more resources on parishes, according to the Church and Catholic media. ...

What is the Archdiocese's goal?

“Our goal in all of this is to ensure that we are responding as effectively as possible to the needs of the people we are called upon to serve in the ten counties and nearly 300 parishes that make up this archdiocese,” Dolan said. ...