The Corporation for Public Broadcasting announced on Friday that it would begin winding down its operations after President Donald Trump rescinded $1.1 billion in funding for the nonprofit, which for decades has helped sustain NPR, PBS, and hundreds of local public media stations across the country.

CPB informed its employees that the majority of its staff will be let go as of September end, except a small transition team that will remain through January 2026 to ensure closeout of operations.

The Corporation for Public Broadcasting announced Friday that it will begin a "wind-down of its operations" and cut a majority of its jobs by the end of September following Congress' vote earlier this month to cut $1.1 billion in its federal funding.

The move to wind down by CPB — which has provided funding to PBS and NPR — comes after President Trump led a successful effort to kill federal funding for public media. In mid-July, Congress approved Trump’s rescission package, which cut $1.1 billion in funding for CPB over the next two years that had previously been approved.

The Corporation for Public Broadcasting has long helped pay for PBS, NPR and 1,500 local radio and television stations and programs like “Sesame Street."

The Corporation for Public Broadcasting said that it will begin to wind down operations after President Donald Trump signed a package of spending cuts that ended its federal funding.

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Aug 1 (Reuters) - The Corporation for Public Broadcasting will shut down its operations after the loss of federal funding, the nonprofit said on Friday, in a blow to local TV and radio stations that have relied on its grants for nearly six decades.

Trump’s successful campaign to strip federal money to NPR and PBS effectively ended the public media middleman.