Minnesota Opera has announced that it will be reducing its annual budget from $12.7 million to $8.5 million.

In a press release announcing the company’s new season, the organization revealed that the new budget reflected a reduction in staff and a 33 percent decrease in anticipated revenues.

Additionally, the organization noted that 11 percent of full-time employees across all departments experienced layoffs and reduced hours. There was also up to 15 percent reduction of salary for all staff as part of the fiscal year, beginning on July 1, 2020.

Finally, Contract and part-time employees will see a 61 percent reduction in hours “in alignment with updated operational and production needs.”

Finally, the organization noted that Dale Johnson, the former artistic director, had retired on July 1, 2020 after 35 years with the company.

Minnesota Opera’s 2020 season will kick off on Sept. 24.