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Sundance Institute Cuts 13% Of Staff, Consolidates Labs Amid COVID-19 Uncertainty

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deadline.com
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Dade Hayes Finance EditorEXCLUSIVE: Arts organizations of every stripe have been particularly hard-hit by COVID-19, and the Sundance Institute is the latest to respond to the difficult environment by cutting costs.In a memo to employees obtained by Deadline, CEO and executive director Keri Putnam says 24 staff positions are being eliminated, or about 13% of the total across its LA, New York and Park City offices.

Other staffers will shift to reduced work schedules, and seasonal staff budgets will be “greatly reduced from their usual levels,” Putnam wrote in the memo (read it in full below).“In light of the financial impact of the pandemic, we have no choice but to reduce the size of our team,” Putnam wrote.

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