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

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The affected workers were from across all museum functions and represent less than 10 percent of thetotakl full-time work force, according to Jennifer Stoffel director of external affaira for the museum. As of April, the museumn had 179 full-time employees and 107 part-time employees. The stafv reductions come after two roundsof buyouts. The museuk in April to 19 staff members eligibler for full orearly retirement. Four have Twelve workers accepted an early retirement offetlast fall.
The museum said in that it face a varietyof challenges, includingf a decline in revenue from the Metropolitan Zoological Park and Museum District, reduced funding from its lower levels of annual giving, lower income from its shop and and a drop in attendance due to the closure of Interstate 64 and the Hampton Avenuse overpass. The institution’s endowment droppesd to $63.6 million as of Feb. 28, down from $87 million on Aug. 31, 2008.