The economic crisis is leaving no industry, organization, or sector unscathed — and the One Laptop Per Child project is no exception.
Today the project’s founder Nicholas Negroponte announced that OLPC will be cutting 50% of its staff due to financial difficulties.
In another sign of the growing financial strain on nonprofit groups, the One Laptop Per Child program is paring its staff in half.
The project, a spinoff from the Massachusetts Institute of Technology that sells durable, green-and-white laptops to developing countries for use in grade schools, will be left with just 32 employees at reduced salaries.
“Like many other nonprofits that are facing tough economic times, One Laptop Per Child must downsize in order to keep costs in line with fewer financial resources,” Nicholas Negroponte, the group’s founder, wrote in a blog post Wednesday.