Met Museum Lays Off 81 Staff, Executives Take Pay Cuts
The Metropolitan Museum of Art has laid off 81 employees, primarily in customer service and retail, following a revised budget shortfall of $150 million. President Daniel H. Weiss and director Max Hollein will take 20% salary cuts, while other executives face 10% cuts. The museum closed all three locations in March due to COVID-19 regulations and now expects to reopen in July, after canceling its 150th anniversary celebrations originally planned for June.
Key facts
- 81 employees laid off at the Metropolitan Museum of Art
- Most layoffs are in customer service and retail positions
- President Daniel H. Weiss and director Max Hollein taking 20% salary cuts
- Other executive staff taking 10% salary cuts
- Revised budget shortfall of $150 million
- Museum closed all three locations in March due to COVID-19
- Expected reopening in July
- 150th anniversary celebrations in June canceled
Entities
Institutions
- Metropolitan Museum of Art
Locations
- New York City
- United States