Close Menu
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
Facebook X (Twitter) Instagram
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
Facebook X (Twitter) Instagram Pinterest YouTube
AMG
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
AMG
Home » Guggenheim Museum Announces Layoffs Amid Financial Struggles
Guggenheim Museum Announces Layoffs Amid Financial Struggles

Guggenheim Museum Announces Layoffs Amid Financial Struggles

February 28, 2025No Comments2 Mins Read Art News
Share
Facebook Twitter LinkedIn Pinterest Email

Another round of layoffs has hit the Solomon R. Guggenheim Museum in New York, as the institution struggles to balance its books in an era of dwindling tourism and rising costs, the New York Times reported Friday. The museum said it was cutting 20 jobs—7 percent of its staff—across multiple departments. Senior leadership, however, will remain untouched, and curators have been spared from the cuts.

The move comes despite efforts to steady the ship under Mariët Westermann, who took over as director and chief executive in 2024. Ticket prices have gone up, exhibition schedules have been trimmed down, and the museum’s endowment has grown—but not enough. “Our overall financial picture is not where it needs to be,” Westermann wrote in a staff letter, describing the layoffs as part of a broader “reorganization” meant to improve efficiency.

Related Articles

This marks the third round of job cuts at the Guggenheim in five years, following two previous waves that saw more than 30 staff members let go, including two deputy directors. The museum’s reliance on international tourism—a sector that has yet to recover fully from the pandemic—has been a key vulnerability. Meanwhile, its much-anticipated Guggenheim Abu Dhabi outpost remains in limbo, beset by delays and controversy, with no opening date in sight.

The museum’s union, which was not given prior notice of the layoffs, has filed a grievance and is demanding negotiations. “We will take whatever steps are necessary to protect our members’ jobs,” said Olga Brudastova, a union representative.

While the Guggenheim remains an architectural icon and a major cultural player, its recent track record suggests a deeper struggle to recapture the blockbuster success of its 2018 Hilma af Klint exhibition, which drew record crowds. Westermann, however, remains optimistic, telling the Times, “I remain steadfastly hopeful and enthusiastic about the opportunities before us.”

With budgets tightening across New York’s museum sector, enthusiasm alone may not be enough.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
ANGadmin

Related Posts

Should Fine Artists Embrace Digital Art or Fear It? The Untold Revolutionary Benefit

July 26, 2025

George Baselitz’s first-ever marionette designs to debut in Austria.

July 25, 2025

David Geffen Sued By Estranged Husband for Breach of Contract

July 25, 2025

Auction House Will Sell Egyptian Artifact Despite Concern From Experts

July 25, 2025
Add A Comment

Comments are closed.

Editors Picks

Bitcoin, Ethereum, XRP Price Prediction for Next Week (28th July

July 27, 2025

Should Fine Artists Embrace Digital Art or Fear It? The Untold Revolutionary Benefit

July 26, 2025

Are Whales Signaling the Next XRP Rally With 130M Tokens Bought in 24 Hours?

July 26, 2025

Weekly Crypto Roundup: Ripple CEO Selling Erodes Trust While Unilabs (UNIL) Leads July Demand

July 26, 2025
About

Angelamaingallery is an online news portal that aims to share the latest Art news, Antiques, Jewellery, Cinema, Crypto
and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

People Have Theories: “Picnic at Hanging Rock” at 50 | Features

March 6, 2025

Wisdom of the Sages: Warren Buffet, Deborah Szekely, Buddy Guy, and Pope Francis Show Us the Way | Chaz’s Journal

May 7, 2025

If We Picked the Winners: The 97th Academy Awards | Festivals & Awards

February 25, 2025
Facebook X (Twitter) Instagram Pinterest YouTube
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$78,295.00-0.32%
  • ethereumEthereum(ETH)$2,335.56-2.55%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.440.21%
  • binancecoinBNB(BNB)$639.32-0.08%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.16-1.36%
  • tronTRON(TRX)$0.329192-0.17%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.46%
  • dogecoinDogecoin(DOGE)$0.0974421.10%
  • whitebitWhiteBIT Coin(WBT)$55.42-0.97%
  • USDSUSDS(USDS)$1.000.01%
  • HyperliquidHyperliquid(HYPE)$41.24-0.07%
  • leo-tokenLEO Token(LEO)$10.290.23%
  • cardanoCardano(ADA)$0.249853-0.22%
  • bitcoin-cashBitcoin Cash(BCH)$460.01-0.62%
  • moneroMonero(XMR)$375.980.39%
  • chainlinkChainlink(LINK)$9.35-0.21%
  • stellarStellar(XLM)$0.176154-0.79%
  • CantonCanton(CC)$0.149965-1.57%
  • zcashZcash(ZEC)$343.627.26%
  • MemeCoreMemeCore(M)$4.34-1.16%
  • daiDai(DAI)$1.000.00%
  • litecoinLitecoin(LTC)$56.110.49%
  • USD1USD1(USD1)$1.00-0.02%
  • avalanche-2Avalanche(AVAX)$9.38-0.67%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • hedera-hashgraphHedera(HBAR)$0.090868-0.37%
  • suiSui(SUI)$0.95-0.90%
  • shiba-inuShiba Inu(SHIB)$0.000006-0.28%
  • RainRain(RAIN)$0.007498-3.32%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • the-open-networkToncoin(TON)$1.34-1.91%
  • crypto-com-chainCronos(CRO)$0.069669-0.65%
  • Circle USYCCircle USYC(USYC)$1.12-0.09%
  • tether-goldTether Gold(XAUT)$4,684.96-0.65%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.077442-1.42%
  • BittensorBittensor(TAO)$252.001.78%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • pax-goldPAX Gold(PAXG)$4,685.18-0.74%
  • mantleMantle(MNT)$0.65-0.19%
  • uniswapUniswap(UNI)$3.29-1.48%
  • polkadotPolkadot(DOT)$1.24-2.62%
  • SkySky(SKY)$0.0847352.18%
  • nearNEAR Protocol(NEAR)$1.41-0.21%
  • Falcon USDFalcon USD(USDF)$1.00-0.02%
  • okbOKB(OKB)$83.97-0.45%
  • Pi NetworkPi Network(PI)$0.168110-0.53%
  • HTX DAOHTX DAO(HTX)$0.0000020.39%
  • AsterAster(ASTER)$0.67-0.28%
  • pepePepe(PEPE)$0.000004-0.40%
  • Janus Henderson Anemoy Treasury FundJanus Henderson Anemoy Treasury Fund(JTRSY)$1.100.01%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • aaveAave(AAVE)$94.790.31%
  • usddUSDD(USDD)$1.000.00%
  • internet-computerInternet Computer(ICP)$2.48-1.20%
  • bitget-tokenBitget Token(BGB)$1.950.32%
  • ethereum-classicEthereum Classic(ETC)$8.51-0.25%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.130.98%
  • BFUSDBFUSD(BFUSD)$1.000.01%
  • OndoOndo(ONDO)$0.261681-0.57%
  • kucoin-sharesKuCoin(KCS)$8.47-0.88%
  • gatechain-tokenGate(GT)$7.38-0.47%
  • MorphoMorpho(MORPHO)$1.91-2.80%
  • Pump.funPump.fun(PUMP)$0.001801-3.05%
  • quant-networkQuant(QNT)$70.93-3.71%
  • United StablesUnited Stables(U)$1.000.03%
  • Spiko EU T-Bills Money Market FundSpiko EU T-Bills Money Market Fund(EUTBL)$1.23-0.17%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.0941190.84%
  • Superstate Short Duration U.S. Government Securities Fund (USTB)Superstate Short Duration U.S. Government Securities Fund (USTB)(USTB)$11.060.01%
  • EthenaEthena(ENA)$0.1101451.87%
  • cosmosCosmos Hub(ATOM)$1.911.83%
  • kaspaKaspa(KAS)$0.034163-0.76%
  • render-tokenRender(RENDER)$1.80-1.25%
  • algorandAlgorand(ALGO)$0.1046611.27%
  • nexoNEXO(NEXO)$0.90-1.33%
  • worldcoin-wldWorldcoin(WLD)$0.263154-1.60%
  • arbitrumArbitrum(ARB)$0.128280-1.86%
  • aptosAptos(APT)$0.95-0.53%
  • Blockchain CapitalBlockchain Capital(BCAP)$82.760.00%
  • filecoinFilecoin(FIL)$0.93-0.42%
  • justJUST(JST)$0.082021-0.26%
  • flare-networksFlare(FLR)$0.007938-1.08%
  • ​​Stable​​Stable(STABLE)$0.03085717.37%
  • Official TrumpOfficial Trump(TRUMP)$2.87-2.27%
  • vechainVeChain(VET)$0.0072560.86%
  • beldexBeldex(BDX)$0.0801170.46%
  • JupiterJupiter(JUP)$0.172895-0.81%
  • MidnightMidnight(NIGHT)$0.036723-1.98%
  • Provenance BlockchainProvenance Blockchain(HASH)$0.0106510.96%
  • OUSGOUSG(OUSG)$115.020.01%
  • xdce-crowd-saleXDC Network(XDC)$0.0300630.03%
  • dexeDeXe(DEXE)$12.714.95%
  • GHOGHO(GHO)$1.000.01%
  • USDtbUSDtb(USDTB)$1.000.01%
  • bonkBonk(BONK)$0.000006-1.05%
  • Usual USDUsual USD(USD0)$1.000.00%
  • YLDSYLDS(YLDS)$1.000.00%
  • Pudgy PenguinsPudgy Penguins(PENGU)$0.0084591.65%