Financially strapped MOCA announces layoffs
More financial woes for the Museum of Contemporary Art: The cash-strapped institution announced today that it is reducing its staff by 20% as well as cutting operating expenses. The plan is to reduce expenses by approximately $4.4 million a year.
The cuts will result in the elimination of 32 jobs -- 16 full-time and 16 part-time -- across all museum departments. A statement from the museum says the departments of marketing and programming will be most affected.
MOCA's chief executive officer, Charles E. Young, said in the statement: "It is my responsibility to lay a new foundation for the museum's long-term financial stability based on efficient and accurate financial management.
"In addition to making these vital cuts today, we are committed to supporting MOCA's on-going and aggressive fundraising and to the recruitment of new and dedicated MOCA trustees so we can together continue the exceptional mission of MOCA."
-- Diane Haithman
Photo: MOCA's Grand Avenue museum. Credit: Lori Shepler/Los Angeles Times.