I would say it's a short term dip that has to be addressed. Sadly it does mean that some staff will be made redundant, all good staff as well. There are some feelings of unrest among some but generally everyone is fully behind the zoo in general.
There are a number of things causing this, primarily a big drop in visitor numbers. This could be caused by a number of things, not least the current economic climate at large. Other zoos are also having to revaluate plans and operations. Edinburgh Zoo is just being much more open about this.
Edinburgh Zoo is still rated very highly within the zoo community, the difficult thing is getting this, and necessary changes in todays zoos, over to the general public. Much of the general public want to see elephants, giraffes, reptiles and meerkats, the later down to a certain advert about car insurance.
There are many things happening behind the scenes and changes to be made that could have a big effect on the animals collection and the visitor experience and I'm sure everyone at the zoo will be making changes as well in order to ensure that Edinburgh Zoo continues to be consiered one of the best zoos and most forward thinking zoos.
Many zoos have been in a similar situation, London, Twycross and Durrell to name only three, and many more will be in the future. Considering zoos don't receive government money yet still strive to ensure education programmes fit with any national curriculum, keep the animals in tip top condition and fund some of the most successful conservation programmes it's surprising more zoos haven't been in similar or worse situations!
Edinburgh will bounce back! Incidentally, the sister park, Highland Wildlife Park is not being affected by these cuts.