Sotheby's fires employees, metro-музей will pay for the danger
ARTinvestment.RU   03 апреля 2020

In a crisis, the art-институции choose different survival strategies and personnel management

According to information published The Wall Street Journal, auction house Sotheby's will soon fire 200 of its employees (around 12 % of all staff of the auction house), working in the offices of the US and the UK. The rest of the state employees until June 1, 2020 will receive a salary 20% below its usual rate. The reduction in the wage will also affect the management of the auction house: their salaries at the same time will be reduced by 10 %. In addition, for all employees of the auction house will be canceled overtime. This step was considered a necessary measure, which the auction house went after it became clear that the main auction of the season, bringing major revenue to the auction house, — evening and day auctions of impressionist, modern, postwar and contemporary art in London and new-Йорке — will be cancelled.

Simultaneously, the guide new-йоркского metro-музея announced that they will continue to pay the salaries of all its employees until 2 may 2020 despite the fact that the Museum is actually closed. Moreover, those employees who, despite quarantine, forced, risking their health, work, physically in the Museum, the guide will pay half rate. Danger.

"Our main priority remains the support of our employees, keeping them safe and their maximum financial support as possible — said Daniel Weiss, President and CEO of the Museum. — We understand that this news about the extension for a further four weeks payment of full wages does not provide total comfort, but at the moment it's the best we can do in the face of so rapidly changing situation".

the Material was prepared by Maria Kuznetsova AI

Sources: internewscast.com, wsj.com