Mass exits at USOPC as coronavirus pandemic bites
The US Olympic and Paralympic Committee is cutting 51 jobs and furloughing 33 more staff as the coronavirus pandemic continues to bite.
The USOPC said the "significant" measures being taken are designed to trim up to 20 per cent of its budget.
Sarah Hirshland, chief executive of the USOPC, wrote in a letter to Olympic stakeholders, seen by AP: "I am overwhelmed by the magnitude of this change. It is significant."
She said 32 employees had been offered different roles in the organisation.
With more than 30 employees having previously taking buyout offers, a USOPC staff of about 500 is being reduced by nearly one-fifth.
Hirshland continued: "It has become clear that it will take months, and not weeks, for us to return to full operation, particularly at our training centers in Colorado Springs and Lake Placid."
The USOPC's four-year budget is around $1 billion, with broadcast revenue from the Rio 2016 Olympics coming in at $170 million, highlighting the impact the postponement of the Tokyo 2020 Olympics, to 2021, will have on the organisation's finances.
In a letter earlier this month, Hirshland said a full cancellation of the Tokyo games "would be devastating to our athletes, first and foremost, but also to our financial health and stability."
Earlier this week, Thomas Bach, president of the International Olympic Committee, admitted that if the games do not go ahead in the Japanese capital next year, then they will have to be cancelled.