Due to the Impact of COVID-19, the Metropolitan Museum of Art in New York Also Cuts 353 Jobs

▲New York Metropolitan Museum of Art [Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] The Metropolitan Museum of Art in New York, USA, has decided to cut 353 employees due to the impact of the novel coronavirus infection (COVID-19), the Wall Street Journal (WSJ) reported on the 5th (local time).

According to the report, this reduction will be carried out through voluntary retirement, leave of absence, and partial position suspension.

The Metropolitan Museum stated that it decided to reduce staff due to financial pressure caused by COVID-19. This reduction is the second staff cut following a previous reduction due to COVID-19, and the number of employees at the Metropolitan Museum will decrease from about 2,000 to around 1,600.

Like other art galleries and museums in New York City, the Metropolitan Museum decided to temporarily close in mid-March. The Metropolitan Museum announced plans to reopen on the 29th of this month, but the reopening plans for art galleries and museums in New York were not permitted by New York State, making the future reopening uncertain.

A spokesperson for the Metropolitan Museum announced, "A revenue loss of $150 million (approximately 177.7 billion KRW) is expected due to the impact of COVID-19." The Metropolitan's annual budget is about $320 million (approximately 379.1 billion KRW).

This content was produced with the assistance of AI translation services.