New York City’s budget crunch: With a record city-funded payroll of more than 250,000 employees, layoffs may not be avoidable if revenues fall significantly.

.@eric_kober on New York City’s budget crunch: With a record city-funded payroll of more than 250,000 employees, layoffs may not be avoidable if revenues fall significantly. https://t.co/jruHes9ASm

— Manhattan Institute (@ManhattanInst) April 12, 2020