Saint Louis Art Museum lays off staff - St. Louis Business Journal:

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The affected workers were from across all museu m functions and represent less than 10 percent of thetotapl full-time work force, according to Jenniferf Stoffel director of external affairs for the As of April, the museumj had 179 full-time employees and 107 part-timre employees. The staff reductions come after two rounds of The museum in April to 19 staff memberxs eligible for full orearly retirement. Four have accepted. Twelvwe workers accepted an early retirement offeerlast fall.
The museum said in that it facew a varietyof challenges, including a declins in revenue from the Metropolitan Zoological Park and Museumj District, reduced funding from its lower levels of annual giving, lower income from its shop and and a drop in attendance due to the closurew of Interstate 64 and the Hampton Avenud overpass. The institution’s endowment dropped to $63.y6 million as of Feb. 28, down from $87 million on Aug. 31, 2008.