Well, we had a theory that publicly funded media would be the last one's standing after the storm of cutbacks...we were wrong. When nonprofits have to make layoffs...that's a bad sign huh?

From NYTimes.com:

National Public Radio, citing an unexpected revenue shortfall, said Wednesday that it would cut 64 jobs, or about 7 percent of its work force of 889, and would cancel two weekday programs, "Day to Day" and News & Notes," beginning March 20.

Our sister blog FishbowlDC has the press release.