Graham Ministry Faces Cutbacks

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Billy Graham's ministry reaches millions around the world. But his organization is facing cut-backs.

About 55 employees at the Billy Graham Evangelistic Association are being let go next month.

Leaders say this process began more than a year ago and is not a result of a decline in contributions.

"I think people see much more of a need to continue to minister to those who are much more in need and need our services, as well as other ministry services. But in this case, it causes us to take pause and make sure, although this ministry has always been very good financially at making sure we are using the funds that we are entrusted with correctly. I think we continue to do that," an organization leader, Ken Barun said.

Those who are being let go are receiving severance and job search assistance.

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