The Clinton Global Initiative has informed the New York Department of Labor that it intends to lay off its 22 employees on April 15, 2017. The reason given is “Discontinuation of the Clinton Global Initiative.” Here, via the The Great American Movement, is a link to the notice on the NY DOL web site. The text of the notice is as follows:
Date of Notice: 1/12/2017
Event Number: 2016-0132
Rapid Response Specialist: Stuart Goldberg
Reason Stated for Filing: Plant Layoff
The Clinton Foundation
1271 Avenue of the Americas, 42nd Floor
New York, NY 10020
County: New York | WIB Name: NEW YORK CITY | Region: New York City
Contact: Veronika Shiroka
Phone: (646) 775-9184
Business Type: Social Advocacy Organization – Clinton Global Initiative
Number Affected: 22
Total Employees: —–
Layoff Date: 4/15/2017
Closing Date: —–
Reason for Dislocation: Discontinutation of the Clinton Global Initiative
Union: The affected workers are not represented by a Union.
Classification: Plant Layoff
According to the Washington Post, the Clintons planned to discontinue the Clinton Global Initiative regardless of how the election turned out.
This makes sense. If Hillary won, as the Clintons expected, even they would understand the problem of maintaining the CGI while she served as president. If Hillary lost, contributions would likely dry up.
NOTE: I have revised this post since it first appeared on Power Line.