SAG handing out pink slips

April 20, 2009 "To close a gap between the guild's expected revenue and costs in the upcoming fiscal year budget, SAG is undertaking a number of expense reductions, including the elimination of some staff positions," SAG spokesperson Pamela Greenwalt said Monday. On Saturday, the national board approved a $60 million annual budget even as it contends with a $6.5 million operating deficit for fiscal 2009. The pink slips come at a tumultuous time for the union, which has suffered from a year of destructive internal political struggles, declining revenue from dues and investments, a slowdown in film work for actors as guild leadership negotiated the TV-theatrical contract and a flood of TV pilots that moved to AFTRA coverage.

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