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July 16, 2014

Corcoran Gallery to Shed 150 Jobs as Part of Merger Plan

About a third of the Corcoran Gallery of Art's 465 employees are slated to lose their posts next month as part of the financially strapped museum's planned merger with the National Gallery of Art and George Washington University, according to Washington Business Journal.

The Corcoran issued a layoff notice in June to all staffers at the gallery and its affiliated College of Art & Design, listing an effective date of August 16 for job cuts. The museum estimates about a third of its workers have already gotten new jobs and another third will be transferred to the partner organizations. A spokeswoman said most of the layoffs will involve part-time employees.

Under an agreement finalized in May, the National Gallery will take over the Corcoran's collection, while George Washington absorbs its art school and takes responsibility for its historic Beaux-Arts building near the White House. Hearings are scheduled Friday on both the Corcoran's bid for court approval of the deal and and a suit filed by opponents hoping to block the merger.