Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major budget cuts for many cultural institutions globally, including major European museums. Tate, which operates four in England, is set to reduce its workforce by around 7%, or roughly 40 staff members, as it confronts a lingering financial deficit exacerbated by the pandemic.
The cuts, which will primarily be made through voluntary departures and hiring freezes, come as cultural institutions worldwide brace for a prolonged economic downturn. A spokesperson for confirmed the move in a statement to The Financial Times, explaining that the decision would help "eliminate the deficit that many museums like Tate have borne since the pandemic." “The changes.
.. ensure Tate can continue to deliver groundbreaking programmes, build and share our collection with the broadest possible public, and inspire future generations of creative talent,” the statement continued.
The Tate group comprises four museums: Tate Britain, Tate Modern, Tate Liverpool, and Tate St Ives. The announcement of the cuts comes as the institution is working on several high-profile – and costly – projects, including the expansion of and the restoration of the Palais de Danse at Tate St Ives, a Grade II-listed building that once served as the studio for famed artist Barbara Hepworth. About 30% of Tate’s income comes from government grants.
Maria Balsha.
