Another difficulty with money

I thought I'd post/talk about this article, titled "WTF" by Greg Sandow:

http://www.artsjournal.com/sandow/2008/10/wtf.html

For those of you who don't know, the New York City Opera will be laying off 11 of its members, which is 13 percent of its current staff. I'm sorry to keep bringing up monetary problems in the music world, but I think it is interesting to see how various companies deal with their shortcomings. Although they are not completely cancelling part of the season, as did the Columbus Orchestra, they aren't putting on as many performances, and the performances are referred to by Sandow as not being "normal."

Sandow brings this point up, for his question is - how is this going to solve their financial difficulties - they will lose out on ticket sales.

I found some of the other questions that Sandow asks both relevant and important to those of us soon entering the music field. Perhaps we all need to do research into the stability of companies/studios we might be entering. Clearly, being hired for a position does not neccessarily mean that we will be needed for that position after all..... Eeek!