Finnish National Opera Considers Layoffs After Posting Deficit

Classic Arts News   Finnish National Opera Considers Layoffs After Posting Deficit
 
The Finnish National Opera has warned staff members that it may cut positions after posting a deficit of 1.8 million euros for 2005, the Helsingin Sanomat reports.

General director Erkii Korhonen told the paper that layoffs were just one of the money-saving options being considered. But he said that officials "do not wish the potential layoffs to come as a surprise to anyone."

Officials will submit a recovery plan to the company's board and Finland's ministry of education, which provides funds for the company, next month.

According to Helsingin Sanomat, the layoffs may be temporary cuts coinciding with the closing of the company's opera house for renovations next year.


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