Southbank Centre

Type
Internal restructuring
Country
United Kingdom
Region
London; Inner London - East;
Location of affected unit(s)
London
Sector
Arts / Sports
90 - Arts creation and performing arts activities
90.3 - Support activities to arts creation and performing arts
90.39 - Other support activities to arts and performing arts
400 jobs
Number of planned job losses
Job loss
Announcement Date
16 July 2020
Employment effect (start)
Foreseen end date

Description

The Southbank Centre, the UK’s largest arts complex, which is located in central London, has confirmed plans to cut 400 jobs, two-thirds of the workforce across all levels of the organisation. Redundancy consultations with the affected staff have already started.

A statement by the senior management of the Centre said the job cuts were necessary to stem the financial losses caused by the Covid-19 pandemic and to help safeguard the Centre’s future.

The Southbank Centre includes arts venues such as the Hayward Gallery and the Royal Festival Hall. The Centre is likely to remain closed until April 2021.

Sources

Citation

Eurofound (2020), Southbank Centre, Internal restructuring in United Kingdom, factsheet number 101569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101569.