New York’s Met Opera announces ‘necessary’ layoffs and pay cuts: Report

Cash-strapped Met Opera lays off two dozen employees, cuts salaries as funding deal with Saudis falters

The Metropolitan Opera is laying off employees, cutting executives' salaries, and postponing shows to make up for the deal with Saudi Arabia.

Metropolitan Opera announces layoffs, temporary salary cuts

New York City's Metropolitan Opera will lay off 22 members of its administrative staff and temporarily cut the salaries of other employees.

Metropolitan Opera House announces layoffs, salary cuts amid financial woes: report

According to the New York Times, 22 members of the administration staff will be let go, there will be salary cuts for executives and the glamorous 3,800-seat theatre will be rented to pop artists when there's no opera that night.

Layoffs news: New York's iconic Met Opera to fire nearly 10% administrative staff amid financial strain

The other measures that Metropolitan Opera has announced includes a salary cut for its top-paid employees and the postponement a new production from its coming season.

Metropolitan Opera laying off some staff as a 'cost-cutting' measure

NEW YORK (PIX11) — The Metropolitan Opera is cutting back its administrative staff by over 20 positions, a spokesperson confirmed on Tuesday. The iconic home of musicians, composers and entertainers alike will reduce its administrative staff by cutting 22 of 284 positions. In a statement, a spokesperson said that the layoffs are part of a [...]

Despite Drastic Financial Steps, Met Opera Turns to Layoffs and Cuts

Over the past five years, the Metropolitan Opera has drained money from its endowment, entered a still-tentative $200 million deal with Saudi Arabia and cut back its performance schedule as it struggled to bring stability to an institution hammered by the coronavirus pandemic. But in the latest sign of the persistent financial challenges facing the largest performing arts organization in the country, the Met announced on Tuesday that it would la…