Paleontological Research Institution

View Original

The Paleontological Research Institution Announces Downsizing Amidst Financial Challenges

PRI Downsizing Amidst Financial Challenges

The Paleontological Research Institution (PRI) is facing financial challenges due to delays in receiving major philanthropic gifts totaling several million dollars. The Institution is therefore implementing a strategic downsizing plan to ensure long-term sustainability of the organization through this difficult time. Measures include staff reductions, decreased exhibitions and program offerings, operational efficiency improvements, and aggressive fundraising efforts. Despite the difficult decision to downsize, PRI remains committed to its mission of preserving fossil collections and promoting education in Earth science. The leadership acknowledges the challenging impact these decisions will have on the Institution’s employees, community, and audiences, but also takes seriously the necessity of adapting to current financial constraints