Royal Academy could cut 60 jobs amid ‘serious financial challenge’

Institution blames ‘increasing costs and changing visitor behaviours’ as numbers fail to recover since Covid lockdown

The Royal Academy of Arts (RA) could axe 60 roles as part of a cost-cutting exercise, with leaders admitting it is facing a “serious financial challenge” after visitor numbers failed to recover to pre-pandemic levels.

The institution blamed “increasing costs and changing visitor behaviours” for the move, which could lead to about 18% of the RA workforce losing their jobs.