The Nation’s Largest Archaeology Firm Abruptly Shut Down. The 600-Plus Layoffs Aren’t the Biggest Concern
4 Articles
4 Articles
The Nation’s Largest Archaeology Firm Abruptly Shut Down. The 600-Plus Layoffs Aren’t the Biggest Concern
Chronicle Heritage closed more than 20 offices without a public announcement, leaving employees shocked and major archaeological projects facing an uncertain future.
Exclusive: Archaeology megafirm abruptly shuts down (Science)
Science: Exclusive: Archaeology megafirm abruptly shuts down. “Chronicle Heritage, which was backed by venture capitalists and formed through the merger of several smaller firms, was a major player in the for-profit cultural heritage industry. It had more than 20 offices and an estimated annual revenue of $100 million. Such firms are often contracted to conduct legally required archaeological surveys and other reviews prior to major development …
"Archaeology as a business with a growth strategy" – that was the intention of the American private company Chronicle Heritage, which employed hundreds of archaeologists, anthropologists and paleontologists. It ceased operations in early October, perhaps due to concerns about future lack of funding.
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