Jeff Koons Lays Off Workers Before Moving Offices to Hudson Yards

The fourth round of layoffs since 2015.

By
Arts
10,887 Hypes 12 Comments

Jeff Koons has laid off staffers ahead of moving his studio space from Chelsea to Hudson Yards, as per ARTnews. This marks the fourth round of layoffs by the internationally-acclaimed artist since 2015. At the time, he hired a team of 100 painters to create similar works of Old Masters for his Gazing Ball series that were displayed at David Zwirner and Gagosian. In the next years to come, the studio began to downsize due to “lackluster” sales of the artworks, reported Artsy. On the other hand, Art F City claimed that the employees relieved of their duties (mid-2016) were attempting to unionize.

Koons’ new studio will be located at the eighth and tenth floors of 475 Tenth Avenue in Hudson Yards. The number of employees that were let go recently is still unclear. Stay tuned for more details.

In other art stories, a rare penny was recently sold at auction for over $200,000 USD.

Read Full Article

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

1055 Users Online

What to Read Next

FACETASM FW19 Is a Celebration of Witchcraft & Wizardry
Fashion

FACETASM FW19 Is a Celebration of Witchcraft & Wizardry

Muggles need not apply.

UNDERCOVER FW19 Debuts 'A Clockwork Orange' Theme, Nike & Valentino Collabs
Fashion

UNDERCOVER FW19 Debuts 'A Clockwork Orange' Theme, Nike & Valentino Collabs

The droogs take the runway.

Billionaire Boys Club Unveils New 'White Astronaut' BE@RBRICK Figure
Design

Billionaire Boys Club Unveils New 'White Astronaut' BE@RBRICK Figure

Sized at 1000%.


Martine Rose & Napapijri Celebrate a DIY Ethos In FW19 Collaboration
Fashion

Martine Rose & Napapijri Celebrate a DIY Ethos In FW19 Collaboration

Focusing on less-oversized proportions.

Vic Mensa Did a Punk Cover of The Cranberries' "Zombie"
Music

Vic Mensa Did a Punk Cover of The Cranberries' "Zombie"

“We connected to ‘Zombie’ because we were born from violence. RIP Dolores.”

Childish Gambino & Lil Wayne Lead the Charge for This Year's Broccoli City Weekend
Music

Childish Gambino & Lil Wayne Lead the Charge for This Year's Broccoli City Weekend

Plus a Trap Karaoke function.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.