The International Tennis Federation introduced a "job protection scheme" and other cuts to help navigate the Coronavirus pandemic
The International Federation has furloughed nearly half of its staff as part of a job protection scheme for employees, it said in a statement.
In a statement, ITF President David Haggerty laid out what he called short-term mandates, which included a personal pay cut of 30 percent.
@ITF_Tennis has postponed over 900 tournaments due to #Covid19 and now furloughing half of its staff, while execs take voluntary/temporary pay cuts of up to 30%https://t.co/14bo8jn38s @sbjsbd #sportsbiz pic.twitter.com/uDtfgPQw7q
— Bret McCormick (@Bretjust1T) April 9, 2020
“The situation we are facing represents a fundamental challenge to our organisation and our sport,” the statement said. “Our purpose is to ensure the long-term growth and sustainability of our sport in collaboration with our 210 member nations, which is why we are making difficult decisions in the short term so that we can continue to deliver tennis for future generations across the globe.”
The ITF has been forced to postpone more than 900 tournaments across all ITF circuits, including the Fed Cup by BNP Paribas Finals 2020.
According to the statement, the remaining ITF staff will continue to work to sustain business critical services and essential platforms with a 10 percent reduction in salary. The Senior Leadership Team has taken a 20 percent reduction in salary as well.
