Royal Ballet and Opera to cut 64 jobs in bid for financial sustainability
By
Theo Bosanquet
Summary
The Royal Ballet and Opera (RBO) has confirmed plans to cut 64 jobs — 5.5% of its total staff — including up to ten compulsory redundancies, in an effort to remain financially sustainable. The remaining reductions will be achieved through not filling vacancies, natural turnover, and voluntary redundancies. The announcement was first reported by The Stage.
Source
Twitter / XRoyal Ballet and Opera to cut 64 jobs in bid for financial sustainabilityartsprofessional.co.ukKey quotes
· 3 pulledThe Royal Ballet and Opera (RBO) has confirmed plans to cut 64 jobs, including up to ten compulsory redundancies, in an effort to remain 'financially sustainable'.
The cuts, which amount to 5.5% of the RBO's total current staff, will include 'fewer than ten' compulsory redundancies, said a representative.
As first reported in The Stage, the rest will of the cuts will be made through not filling vacancies, natural turnover and voluntary redundancies.
You might also wanna read
Music software replacing human musicians in Broadway and commercial theatre orchestras
Commercial musical theatre productions worldwide are reducing orchestra sizes by replacing human musicians with increasingly sophisticated s
theguardian.com·6d ago
Exeter University Union Condemns Job Cuts Affecting Over 500 Academic Staff
The Exeter University and College Union strongly condemns the University of Exeter's announcement of a sweeping job cut programme that puts
change.org·2d ago
Meta plans to cut 8,000 jobs (10% of workforce) starting May 20, internal memo says
Meta is planning to cut 10% of its workforce (approximately 8,000 employees) and will not fill 6,000 currently open roles, according to a Bl
techcrunch.com·2mo ago
Oracle cuts 21,000 jobs in AI-driven restructuring
Oracle cut approximately 21,000 jobs globally over the past year, reducing its workforce from 162,000 to 141,000 full-time employees as of M
bbc.com·6d agoOracle cuts 21,000 jobs in AI-driven restructuring
Oracle cut approximately 21,000 jobs globally over the past year, reducing its workforce from 162,000 to 141,000 full-time employees as of M
bbc.com·6d agoOracle cuts 21,000 jobs in AI-driven restructuring
Oracle cut approximately 21,000 jobs globally over the past year, reducing its workforce from 162,000 to 141,000 full-time employees as of M
bbc.com·6d ago
Amazon confirms 14,000 corporate job cuts to streamline for AI opportunities
Amazon has confirmed plans to cut approximately 14,000 corporate jobs globally, citing the need to reorganize more leanly to capitalize on a
bbc.com·8mo ago
Amazon Announces 14,000 Corporate Job Cuts as Part of Cost-Cutting Strategy
Amazon is cutting approximately 14,000 corporate jobs as part of its ongoing cost-cutting efforts, which is smaller than previously rumored
The Verge·8mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.