by Diana Chandler, posted Friday, February 26, 2016 (6 years ago)
RICHMOND, Va. (BP) -- The International Mission Board is "fairly confident" it will be able to handle additional costs incurred by a larger than anticipated reduction of its workforce in the organization's "reset" to balance its budget, according to IMB President David Platt.
The 2016 budget already had a $23 million deficit, based on an anticipated 600-800 personnel taking the Voluntary Retirement Incentive (VRI) and Hand Raising Opportunity (HRO). But 1132 missionaries and stateside staff opted to take the incentives, Platt announced Feb. 24. Read More