Phoenix Symphony musicians face layoffs with season to pause
Phoenix Symphony musicians face layoffs after Nov. 1 as the organization cites a cash shortage and musicians seek answers about its finances and future. The Phoenix Symphony is preparing to suspend its remaining performances and programs, leaving 66 musicians facing layoffs and uncertain future. The organization's President and CEO, Peter Kjome, stated that it no longer has the financial resources to continue the season and is facing years of operating deficits and other obligations. This comes despite an increase in ticket sales and contributions, and cuts to administrative and operating costs. The musicians have raised questions about the organization's near-term funding need, which is estimated at about $10 million. No date has been set for performances to resume.
Publicados : 4 horas atrás por Jon Schoenheider no Entertainment Business
PHOENIX, Az — The Phoenix Symphony is preparing to go silent for the remainder of its season, leaving 66 musicians facing layoffs and an uncertain future.
The orchestra’s final scheduled performance ... [2736 symbols]
Tópicos: Unemployment
