The National Press Club is furloughing up to 50 of its 113-member staff and cutting the salaries of remaining employees by 15 percent to deal with the financial impact of the COVID-19 pandemic.
The moves are to align payroll costs with current and anticipated levels of business during the pandemic and the ensuing recovery.
The NPC, which suspended in-person operations on March 16, is resuming some activity as Washington moves into Phase 2 reopening of its economy.
It warns that a return to "normal" ("pre-pandemic") operations is not yet within sight.
NPC participated in the CARES Act Paycheck Protection Program, but that funding is coming to an end.
The furloughed employees are eligible for unemployment insurance and will receive accrued vacation time and healthcare. It is expected that they will be recalled once NPC returns to full operation.