Presbyterian Church offers severance to 30 employees
Associated Press
LOUISVILLE, Ky.
The Presbyterian Church, struggling financially, is offering severance packages to about 30 employees at the denomination’s Louisville headquarters.
The Courier-Journal reported that the denomination has been dealing with losses in members and churches over the past decade and now has sustained investment return losses.
Church official Linda Valentine said reducing expenses to match revenue projections is good stewardship.
The General Assembly Mission Council oversees most of the Louisville employees of the church.
The newspaper reported that the council had already eliminated 250 jobs in five separate cuts since 2002.
There remain 346 denominational employees in Louisville in addition to nearly 300 mission and other workers elsewhere.
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