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THURSDAY, NOVEMBER 26, 2009
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Wall Street's Woes Hit Sesame Street

Drop in donations forcing round of layoffs at Sesame Workshop

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(Newser) – The recession is pushing Sesame Street closer to Skid Row, reports the Financial Times. The educational foundation behind the TV show and a variety of community programs is laying off a fifth of its 355 staff. The Sesame Workshop has been hit hard by market turmoil eroding its investments and by the philanthropic cutbacks at the Wall Street firms that are among its biggest backers.

Big Bird reads to Connor Scott and Tiffany Jiao during a taping of 'Sesame Street' in New York last year.
Big Bird reads to Connor Scott and Tiffany Jiao during a taping of 'Sesame Street' in New York last year.   (AP Photo/Mark Lennihan, file)
Big Bird looks glum during the taping of an episode of 'Sesame Street' last year.
Big Bird looks glum during the taping of an episode of 'Sesame Street' last year.   (AP Photo/Mark Lennihan)
Rosita get contemplative on 'Sesame Street.'
Rosita get contemplative on 'Sesame Street.'   (AP Photo/National Governors Association, Tyler Mallory, FILE)
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