Meow Wolf announces layoffs amid budget cuts [Video]

Dozens of workers at Meow Wolf are set to be laid off following a company announcement. A total of 111 employees at exhibitions and within its corporate team will be laid off. Additionally, another 54 bargaining unit positions in Las Vegas, Nevada, will be eliminated.Your neighborhood: Local news from KOAT Action 7 NewsThe company announced it needed to cut expenses by roughly 10%. It cited the reasoning for reducing its workforce by 165 total workers are to fund its growth and drive future success.Meow Wolf is scheduling individual meetings with the affected employees. Those meetings regarding employment are set to be held on Wednesday, April 17.The announcement was made on Monday via an email sent by CEO Jose Tolosa. He released a statement regarding the changes to the art display company.Tolosa claimed Meow Wolf has tried to do something no one had done when it first established its unique art …