City Opera raids endowment. Faces possible strike.

Backstage at BackstageJobs.com: "The New York City Opera faces a possible strike from it’s main union, as the opera struggles to survive the recession. The American Guild of Musical Artists, which represents opera singers, directors, and other production staff, claims that City Opera is looking for excessive concessions in the upcoming contract. The AGMA has warned that if General Manager and Artistic Director George Steel pursues major changes in the contract, a strike is a likely possibility."