Center Theatre Group, the West Coast's largest nonprofit stage company, has laid off 12 employees -- a tenth of its full-time staff of 120. Those who remain will absorb one or two weeks' unpaid furlough in the coming year.
The cuts include an end to automatic 5.25% contributions to employees' 401(k) retirement accounts. Along with postponed shows and other reductions, they are expected to save the company $2.1 million during the fiscal year starting in July, officials said. Even so, CTG projects a $1.9-million deficit for the coming year.
