Colonial Williamsburg to outsource operations, announces layoffs

By Steve Roberts, Jr.

Colonial Williamsburg announced Thursday it will outsource management of its commercial operations — including its real estate holdings, 19 retail stores and three golf courses.

A total of 333 employees, roughly 16 percent of the Foundation’s workforce, will be affected by the change — with 71 being laid off and the rest transitioned to other employers. 

Colonial Williamsburg President Mitchell Reiss called the move a “fundamental restructuring” of the Foundation. The commercial ventures will be contracted to four private firms, which will work in conjunction with Colonial Williamsburg to turn the businesses into profit-makers.

“The commercial businesses have been running at a loss for many, many years,” Reiss said in an interview Tuesday. “The idea is we need to stabilize the endowment, so the endowment supports the Historic Area, education and the museum. It’s why people care and it’s why they come. It’s why they support us.”

Continue reading the article at the source: http://wydaily.com/2017/06/29/colonial-williamsburg-fundamentally-restructures-citing-dire-financials-business-news/

Views: 94

Comment

You need to be a member of crafthaus to add comments!

Join crafthaus

Comment by Brigitte Martin on June 30, 2017 at 1:13pm
Thank you for this clarification, Parker!
Comment by Parker Brown on June 30, 2017 at 12:11pm
As a member of Crafthaus and a Colonial Williamsburg employee, I need to reiterate that the changes to the Foundation are to refocus on the organization's dedication to education. The world of 18th century crafts and trades is of paramount importance to Colonial Williamsburg and this is a difficult time that will hopefully yield new opportunities relating to the craft community.

Latest Activity

Rebecca Skeels commented on Rebecca Skeels's group The Association for Contemporary Jewellery
"Save the date! The Barcelona Design Week will be back from 12 to 20…"
Tuesday
Rebecca Skeels commented on Rebecca Skeels's group The Association for Contemporary Jewellery
"June at Cove Park: Arriving to take part in the Crafts & Design programme is jeweller Heather Woof, awarded a one-month Emerging Artist residency for a maker based in Scotland.…"
Tuesday
Rebecca Skeels commented on Rebecca Skeels's group The Association for Contemporary Jewellery
"JamFactory Icon: Catherine Truman: no surface holds Hawkesbury Regional Gallery, 7 June - 21 July The JamFactory Icon series was launched in 2013 as a series of solo exhibitions celebrating the achievements of South Australia’s most…"
Jun 9
Rebecca Skeels commented on Rebecca Skeels's group The Association for Contemporary Jewellery
"Entries for the Victorian Craft Awards are now open Established by Craft Victoria in 2015, the Victorian Craft Awards present and celebrate excellence in contemporary craft practice. 2019 marks the third iteration of this biennial event, showcasing…"
Jun 9

Videos

  • Add Videos
  • View All

© 2019   Created by Brigitte Martin.   Powered by

Badges  |  Report an Issue  |  Terms of Service