MFA Boston Announces 113 Staff Reductions Through Layoffs and Early Retirements
The Museum of Fine Arts in Boston has let go of 113 employees through a combination of layoffs and voluntary early retirements. According to the museum's director, Matthew Teitelbaum, this was a tough but necessary move for the institution's future stability. The extended closure since March due to the COVID-19 pandemic forced the museum to rethink its business approach. Among those affected, fifty-seven were laid off, and fifty-six chose early retirement. Other notable U.S. museums, like the New Museum, Guggenheim, and Whitney in New York, the Broad in Los Angeles, and the San Francisco Museum of Modern Art, have made similar decisions. The museum emphasized that this difficult choice was essential given the significant financial shifts.
Key facts
- MFA Boston laid off 57 staff members
- 56 employees took voluntary early retirement
- Museum has been closed since March due to COVID-19
- Financial impact of closure necessitated workforce reduction
- Museum director Matthew Teitelbaum called decision extremely painful
- Decision aimed at creating institutional stability and sustainability
- Similar cutbacks occurred at New Museum, Guggenheim, Whitney, Broad Museum, SFMOMA
- Museum stated decision was not made lightly
Entities
Institutions
- Museum of Fine Arts Boston
- New Museum
- Guggenheim
- Whitney
- Broad Museum
- San Francisco Museum of Modern Art
Locations
- Boston
- United States
- New York
- Los Angeles
- San Francisco