New York's prestigious Public Theater -- which staged the assassination of President Donald Trump in its infamous 2017 production of Shakespeare's Julius Caesar -- is laying off 19 percent of its staff as it faces a catastrophic financial crisis brought on by plummeting attendance and soaring operating costs.
New York’s prestigious Public Theater — which staged the assassination of President Donald Trump in its infamous 2017 production of Shakespeare’s— is laying off 19 percent of its staff as it faces a catastrophic financial crisis brought on by plummeting attendance and soaring operating costs.
Public Theater leaders announced Friday that nearly 1 in 5 workers will receive a pink slip in a bid to save the institution. Artistic director Oskar Eustis told thethat attendance has cratered by 30 percent while the theater’s costs have skyrocketed by as much as 45 percent. “We have kept our donor base, but it’s static. Put that all together, and you get budget shortfalls — big budget shortfalls,” he said., an Off Broadway nonprofit that is one of the nation's most successful theater organizations, is laying off 19 percent of its staff as the field struggles with declining revenues and rising costs. Here's a gift link to the story:
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