Sotheby's Employee Buyouts Come to $40 Million

  • December 16, 2015 14:25

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Tad Smith, Sotheby's CEO

In a filing Monday with the Securities and Exchange Commission, Sotheby's reported that 80 employees, or 5% of its workforce worldwide, would take a buyout offer expected to cost the auction house about $40 million.

Read more at New York Times


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