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Sotheby’s Has Enough Volunteers for Buyouts to Avoid Layoffs

December 7, 2015 by Marion Maneker

Sotheby's Cont Sale 1115

Robin Pogrebin has some very interesting news about Sotheby’s at the bottom of her story this morning about Marc Porter. She reveals that Sotheby’s had a strong turnout for company buyouts:

Sotheby’s has also just completed a round of buyouts, which an unexpectedly large number of employees volunteered for, which means that the auction house will not have to resort to layoffs, as planned.

Marc Porter to Leave Christie’s for Its Archrival, Sotheby’s  (The New York Times)

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