nanoboy
Well-Known Member
For most zoos in the US, 70% of the cost of operation is people. The remaining 30% tends to largely be "fixed costs" for utilities, animal food etc. There is typically very little margin to adjust, and when major cost cutting is required, it tends to mean people get fired or open positions go unfilled, usually both. Now the question of who gets sacked is entirely different--is it at the top, middle or bottom or the heirarchy? That can often be a more telling measure of an institutions' priorities and trajectory.
Yes, it will be interesting to see which employees get the sack. The knock-on effect will be that remaining employees will have to work even harder.
ZOOSSA is sitting on a lot of fixed assets that could be sold off to generate cash, and there is also the option of getting another loan or having this one forgiven.