Posts Tagged ‘Downturn’

Koolhaas: It’s the end of an era

Friday, April 24th, 2009
"Library Side East" by Stephen L. Rosen
Rem Koolhaas, who designed the Seattle Central Public Library, and more recently the CCTV Building in Beijing, told the Wall Street Journal that money is scarce for megaprojects, even for him.

“I don’t even know about the word ‘downturn,’ ” Koolhaas told the WSJ in his office in Rotterdam. “It seems simply the end to a period.”

Though his firm, the Office for Metropolitan Architecture, hasn’t had any projects canceled yet, Koolhaas said they have several projects on hold.

And they’ve had to make layoffs. WSJ reported that the firm, which had 270 employees last summer, is now down to 220. OMA is working on a theater complex in Taipei, a library in Qatar and new buildings in Holland, WSJ reports.

Has your firm had layoffs too? Respond to the poll on the right (scroll down just a tad) on area layoffs at A/E/C firms.