Pace Gallery Cuts 50 Artists and 50 Staff in Major Restructuring

On June 4, Pace Gallery revealed plans to eliminate 50 artists from its roster and lay off 50 staff members. CEO Marc Glimcher attributed this decision to an 'unfixable' gallery model. Later that day, during an unexpected Zoom town hall, Glimcher accepted full responsibility, admitting that the choices leading to this outcome were his. Employees described the process as unclear and confusing, with the cuts impacting the most vulnerable workers. Some artists affected voiced concerns about the announcement's handling. A report by Valentina Di Liscia and Rebecca Schiffman included information not covered by The New York Times. In related news, hundreds of NYC artists initiated a campaign for a two-year AI moratorium in schools. Brenda Goodman, soon to turn 83, discussed her six-decade exploration of queer identity with Mala Iqbal. James Wagner, a cherished New York art collector, passed away at 85 on June 7 in his Manhattan residence. A critique of James Cahill's novel 'The Violet Hour' examines the art world’s obsession with fame and greed. An opinion piece by Lauren van Haaften-Schick cautions that the retirement of Democratic Congressman Jerry Nadler may jeopardize the fight for resale royalties for American artists. Additionally, Cranbrook Academy of Art reopened applications for Fall 2026 from June 22 to August 15.