With its endowment down 27 percent and government grants likely to be reduced, the Walters Art Museum unveiled a restructuring plan that includes firings and staff furloughs but pledged to maintain free admission, The Baltimore Sun reports.
The Walters move comes on the heels of a rash of museums trimming staffs and programs nationwide, with the Detroit Institute of Arts, the Philadelphia Museum of Art and Atlanta’s High Museum of Art all announcing layoffs and other cost-cutting measures this week, according to a New York Times roundup. The Las Vegas Sun reports that the Las Vegas Art Museum will close tomorrow.
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