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Christie's Cuts Jobs as Art Sales Slump

250-year-old auction house downsizes to stay afloat

By Jason Farago, Newser Staff

Posted Jan 13, 2009 7:10 AM CST

(Newser) – Following months of bad results in America and Europe, Christie's is reorganizing to cut costs, including "significant staff reductions," the auction house said yesterday. While at the start of 2008 the art world seemed immune to the economic downturn, the decade-long boom in... Read full story »

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Christie's Cuts Jobs as Art Sales Slump

250-year-old auction house downsizes to stay afloat

art market • art • Sotheby's • Christie's • art auction • downsizing • recession depression

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