Clinton Global Initiative to be discontinued

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

Company:
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

ERNUM: 86-83268

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.

Apparently, they have — a trend that predates the election.

NOTE: I have revised this post since it first appeared on Power Line.

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