Guggenheim Cuts Staff by 11 Percent Ahead of Reopening

Arts|Guggenheim Cuts Staff by 11 Percent Ahead of ReopeningThe museum announced Wednesday that 24 employees would be laid off and that eight others have taken voluntary separation agreements.The Guggenheim Museum on Fifth Avenue in Manhattan will have a smaller staff when it reopens to the public next month.Credit…Sam Youkilis for The New York TimesSept. 16,…

Guggenheim Cuts Staff by 11 Percent Ahead of Reopening

Arts|Guggenheim Cuts Staff by 11 Percent Ahead of ReopeningThe museum announced Wednesday that 24 employees would be laid off and that eight others have taken voluntary separation agreements.The Guggenheim Museum on Fifth Avenue in Manhattan will have a smaller staff when it reopens to the public next month.Credit…Sam Youkilis for The New York TimesSept. 16, 2020Updated 6:32 p.m. ETJust weeks away from reopening to the public on Oct. 3, the Guggenheim Museum has announced an 11 percent reduction of its staff. On Wednesday, the museum laid off two dozen employees with another eight workers taking voluntary separation agreements.“The impact of the Covid-19 pandemic on the Guggenheim has been devastating to our finances,” the museum’s director, Richard Armstrong, said in a letter to employees. “I am deeply saddened to say that the museum will not have the ability to support our previous number of staff members.”The Guggenheim, closed since March because of the pandemic, has seen losses of $1.4 million every month that it has remained shuttered. In April, the museum furloughed 92 employees, although nearly half of those workers were recalled over the summer.In addition to a hiring fr
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