Enterprise Florida executive board recommends nearly $6M in cuts, including jobs

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The executive board that governs Enterprise Florida voted unanimously Thursday to cut nearly $6 million from the agency’s spending, including terminating contracts, closing offices across the world and slashing 26 jobs.

The agency would save $2.14 million from cutting 26 positions, $767,858 from closing four international offices, $771,558 from ending events and sponsorships, $620,175 from canceling 15 outstanding professional service contracts, and $242,758 in terminated leases. The agency already has saved $150,000 by adopting cost-savings in the state’s travel policy and $200,000 on office expenses.

Another $1 million in savings will come from using cash the agency already has on hand.

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