# Guide Dogs' losses mean possible job losses

- Link: https://fundraising.co.uk/2002/09/04/guide-dogs039-losses-mean-possible-job-losses/
- Published: 2002-09-04T23:00:00+01:00
- Author: Howard Lake

The Guide Dogs for the Blind could make up to 150 staff redundant after losing £
20m on its stock portfolio last year.
According to The Guardian, “the charity’s 
expenditure exceeded its income by an average of £11m a year” over the past ten 
years. It overspent its £40m income last year by its by £16m.

The charity’s restructuring plan aims to balance income and expenditure by 2004.

Read “Jobs at risk after charity loses £20m” by Sara Gaines and agencies at SocietyGuardian.

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