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Met Opera Cuts Jobs, Salaries Amid $200M Deal Concerns

1/21/2026

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Summary

Story summary

The Metropolitan Opera announced cost-cutting measures, including 22 administrative eliminations and 4–15% salary reductions.
General Manager Peter Gelb cited concerns about a proposed $200 million deal with Saudi Arabia involving performances at the Royal Diriyah Opera House.
The Met will scale back its upcoming season to 17 productions.
The measures aim to save about $40 million over the next two years.

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Story summary

The Metropolitan Opera announced cost-cutting measures, including 22 administrative eliminations and 4–15% salary reductions.
General Manager Peter Gelb cited concerns about a proposed $200 million deal with Saudi Arabia involving performances at the Royal Diriyah Opera House.
The Met will scale back its upcoming season to 17 productions.
The measures aim to save about $40 million over the next two years.