ITF puts half of staff on furlough, cuts others’ pay

Tennis

The International Tennis Federation is putting about half of its staff on furlough and cutting other employees’ salaries because of the coronavirus pandemic.

The move includes a 30% pay drop in 2020 for ITF President David Haggerty and reductions of 10% or 20% for others.

Haggerty wrote in an email to the AP on Thursday that the ITF’s finance committee and board “looked at all areas where we felt we could make savings in the short term to be prepared for the return to tennis.”

Haggerty also said that the group’s reserve funds are available to help individual countries’ tennis federations be prepared for tournaments and grassroots efforts once it’s deemed safe to return to competition.

The ITF oversees the Fed Cup and Davis Cup, along with hundreds of lower-tier tournaments around the world.

The Fed Cup finals this month have been postponed; the Davis Cup finals are scheduled for late November. All tournaments are on hold until at least mid-July.

Haggerty wrote to the AP: “In these unprecedented times, it is hard to predict when we will return to tennis.”

Products You May Like

Articles You May Like

What does Daniel Jones to Minnesota mean for Vikings, Sam Darnold and J.J. McCarthy?
Sources: Tulsa to fire Wilson after latest blowout
Ewers ankle ‘a little tender’ after Texas’ win
Netherlands reaches Davis Cup final for first time
Dodgers minor leaguer suspended for doping

Leave a Reply

Your email address will not be published. Required fields are marked *