Impact on Pieta Financial Situation
Press Release – 1 May, 2020
Due to the impact of the global pandemic, Covid 19, Pieta is managing a significant budget shortfall in 2020 of approx. €6.5 million due to the loss of Darkness into Light income given that the event has had to be postponed.
Plus, given the current economic uncertainty, we are also seeing the loss of ongoing community fundraising incomes that are generated throughout the year.
Pieta is currently undertaking a number of fundraising campaigns to try to keep up public donations as much as possible. Notwithstanding this, regretfully, as the current shortfall is so great, we have had to implement several cost-cutting measures and salary reductions of up to 30% for all staff. These measures are needed to ensure that the delivery of services to clients can be protected now, and over the long term, when our vital services will continue to be needed.
All departments in Pieta have been required to cut costs and redundancies have already taken place across the organisation as a result of the Voluntary Severance Scheme that was managed in April.
In addition, there will now be up to 28 full-time equivalent compulsory redundancies taking place in the area of clinical support. There will also be further reductions in a number of areas through temporary lay-off and non-renewal of contracts. We have not come to these decisions lightly and it is with great regret that compulsory redundancies will also be required as a result of the restructuring of our Clinical Services team.
Pieta CEO, Elaine Austin, said; “We understand this is a very difficult time for our dedicated staff and we deeply regret having to take this step. With the loss of our flagship annual fundraising event, Darkness into Light, we have been left with a very significant funding gap and in order to keep our doors open to clients, we must make these very difficult decisions.
Our current fundraising campaigns, including Sunrise and the recent Concert for Hope, are very important and we would appeal to the general public to support them as much as possible as this will help us maintain vital services to our clients.”
Pieta remains committed to helping vulnerable people who are experiencing suicidal ideation, self-harm or who are bereaved by suicide through our 24/7 crisis helpline 1800 247 247.
We are committed to meeting the service demand for those in need across the country and to maximise the service that we can offer and that our financial position allows.
To support Pieta’s fundraising efforts, please visit www.pieta.ie/donate