Nov 24, 2008, 06:52AM

Layoffs in all sectors

Despite netting £111 million at his most recent auction at Sotheby's, Damien Hirst is feeling the crunch and letting go some of his factory workers.

It's tough out there:

Yesterday Jude Tyrrell, a director of Science Ltd, confirmed jobs were going, but wouldn't be drawn on how many.

"As previously stated by Damien, he is finishing a number of bodies of works which is why temporary contracts (fixed term) have not been renewed. We have to be mindful of the current economic climate and how this may affect us in the future."

In July, Hirst said that he would stop making the spin and butterfly paintings, plus the medicine cabinets - a decision that was welcomed by many in the art world who worried about overproduction of these series.

But a source close to Science said that if the job losses were pre-planned, as indicated by Tyrrell's statement, the staff seemed unprepared for it on Thursday. "It was unexpected, especially after Hirst made a killing from the Sotheby's sale. The workers who will not have their contracts renewed can work their notice period into December, but I'm not sure how many will stay. They will need to find jobs quickly."



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