New York’s Woke Metropolitan Opera is now facing layoffs and big budget cuts despite all the organization’s efforts to bring its finances back in line.
The Met has already slashed its schedule of performances to save money, dipped deeply into its endowment fund, and even tried to enter into a deal with Saudi Arabia, the latter of which is still being discussed, according to the New York Times .
But apparently it has not been enough to bring the struggling performance company’s finances in line. Now, the Met has announced that it will begin laying off workers, cutting existing staff salaries — including that of top executives — and cancelling…
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