Tate museums cut 7% workforce due to financial issues
Tate has announced a 7% reduction in its workforce, affecting about 40 staff members, due to ongoing financial challenges following the pandemic. This decision aligns with budget cuts seen in cultural institutions worldwide. The cuts will mainly occur through voluntary departures and hiring freezes. Tate aims to address a financial deficit while continuing to support its ambitious programs and projects, including expansions and restorations at its galleries. The move comes as many cultural institutions face reduced attendance and government funding cuts. Recent data shows UK museum visits were 15% lower in late 2024 compared to pre-pandemic levels, prompting institutions to seek significant financial adjustments.