NEW YORK (CBSNewYork/AP) — The Metropolitan Opera and unionized employees have agreed to postpone a lockout for 72 hours, as a federal mediator headed to the city to resolve a labor faceoff between the two sides.
The opera had been threatening to lock out musicians and other unionized workers Friday unless contracts were hammered out by midnight. But late Thursday night, the two sides agreed to postpone the potential lockout to Monday.
General Manager Peter Gelb has demanded that the unions accept salary cuts of what he estimates at 17 percent. That’s intended to cover a deficit of $2.8 million in the Met’s $300 million annual budget.