Saturday, October 04, 2008

Beginning of the end?

Layoffs at City Opera. This, as they say, can't be good.

2 comments:

Will said...

Well it's only (for the moment) 11 people and it looks as if he's positioning the company to bring in some more of his own people. His big challenge is going to be securing the company's day to day operations by increasing the endowment in a moribund economy and a financial crunch that has probably decimated a lot of prime potential donor portfolios.

Laying off the 11 might simply be a wise thing to do to make sure the deficit dosen't spiral into something truly toxic.

Anonymous said...

^^ nice blog!! ^@^

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