The Brooklyn Museum is facing a significant financial crisis, projecting a $10 million deficit by June, leading to plans for 47 layoffs. Director Anne Pasternak highlighted inflation's impact on the museum's budget and slow post-pandemic attendance recovery. The layoffs will affect both union and non-union staff, potentially violating union contracts, prompting a cease-and-desist letter. To mitigate financial strain, the museum is enacting a hiring freeze, imposing salary cuts on senior leadership, and decreasing exhibitions from 12 to 9 annually. This marks the first major layoffs since 2020 during the pandemic.
"With inflation dramatically impacting our operating budget, adding millions to everyday costs, we need to make tough decisions to ensure the museum's future."
"We are implementing a hiring freeze and salary cuts for senior leadership to address our financial challenges while also scaling back exhibitions and events."
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