Michael Linnington, CEO of the Jacksonville, Florida based charity, the Wounded Warrior Project, announced that details of restructuring will be coming in September. Watchdogs have faulted the charity for the amount of money it spends in fundraising.

Linnington, indicated that assessments are now underway and he expects to be laying off some of the charity's 600 employees, while cutting funding for smaller veterans groups and also cutting some executives' salaries.

Investigations by the New York Times as well as CBS News, have raised questions into the nonprofit's spending habits.

"We're looking at all of the salaries of all of our executives now, and I think that you will see them all trend down, as well," Linnington said. "That's part of trying to squeeze every nickel out of every donor dollar and to get it where it's most needed: with those who served."