Met Opera furloughs nearly 20% of staff in cost-cutting
NEW YORK — The financially challenged Metropolitan Opera is furloughing 41 administrative employees, nearly 20% of its full-time staff, in response to the coronavirus pandemic.
This March 12, 2020 file photo shows a few people at Josie Robertson Plaza in front of The Metropolitan Opera house, background center, at Lincoln Center in New York. AP Photo/Kathy Willens, File
The Met said Tuesday that the furloughs are temporary and will start at the end of this week. Each impacted employee will receive two weeks pay plus continued health benefits.
In addition, 11 employees will shift to part-time work, the company said.
Before the cost-cutting, the Met had 237 full-time employees.
General manager Peter Gelb says the Met could run a deficit of up to $60 million on its $308 million budget.
The Met suspended its season after its March 11 performance and wound up canceling the final 58 performances of a season that originally was scheduled to include 217.
Article continues after this advertisementPay was stopped for the orchestra, chorus and other union members at the end of March. Gelb said he is giving up his $1.45 million salary until normal operations resume. Pay was cut for higher-paid members of the administrative staff, by 10% for everyone earning more than $125,000 and by 25%-50% at the top of the pay scale. NVG
Article continues after this advertisementRELATED STORIES:
Disney to see at least $1.4 billion impact from coronavirus
Metropolitan Opera streaming free performances in response to coronavirus pandemic
For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.
The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.
