New York’s Met Opera announces ‘necessary’ layoffs and pay cuts | Opera | The Guardian

New York’s Metropolitan Opera has announced layoffs, pay cuts, and program reductions due to financial strain, including salary reductions of 4% to 15% for 35 executives and 22 layoffs among administrative staff. The cuts aim to reduce expenses by $15m this fiscal year and $25m next year, while the company awaits the implementation of a pending agreement with Saudi Arabia.