110 jobs axed as Sage Gateshead redundancy consultation ends
North East music centre Sage Gateshead has announced that 110 jobs will be axed as redundancy talks draw to a close.
The venue has made the announcement as it concludes its redundancy consultation process, which began on August 3.
In the wake of the COVID-19 crisis, Sage Gateshead launched its Crisis, Recovery and Renaissance fundraising campaign in an attempt to mitigate the financial impact of the outbreak, raising £300k in donations to date.
A spokesperson for Sage Gateshead commented: “Like many organisations across all sectors, Sage Gateshead has had to find ways of controlling the financial impact of the pandemic.
“This has involved some incredibly difficult decisions, this being the hardest of all. Each and every one of the Sage Gateshead team are highly skilled and dedicated, and it is with deep regret that 110 of our friends and colleagues will be leaving us.”
“Charities like Sage Gateshead, whose self-generated income outweighs public subsidy by 5:1, have seen the most immediate financial impact. We have done absolutely everything we can to avoid this situation.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.