The Brooklyn Museum announced plans to lay off approximately 40 employees and reduce its programming in response to a looming budget shortfall of up to $10 million. Director Anne Pasternak attributed the financial strain to high inflation and ongoing challenges in recovering visitor attendance post-pandemic. The layoffs will affect various departments and have raised concerns within the staff's union over contractual violations regarding advance notice. The museum's fiscal year has been marked by rising expenses that have outpaced revenue, which is particularly troubling given recent successful exhibitions.
The Brooklyn Museum will lay off around 40 employees and cut programming to combat a budget deficit potentially reaching $10 million by June.
Anne Pasternak stated that the institution faced strong headwinds with inflation impacting operating budgets and post-pandemic attendance recovery hampering financial stability.
The union representing museum employees alleges the museum breached contract by failing to give timely notice of layoffs, leading to a cease-and-desist letter.
Despite a year with successful exhibitions, financial challenges persist as expenses outpace revenue, necessitating staffing cuts to achieve fiscal balance.
Collection
[
|
...
]