The following text is attributed to Larry Gagosian. He reportedly emailed it to his entire staff back in November: after the auctions, before Art Basel Miami.
If you would like to continue working for Gagosian I suggest you start to sell some art. Everything is going to be evaluated in this new climate based on performances. I basically put in eighteen hours a day, which any number of people could verify. If you are not willing to make that kind of commitment please let me know. The general economy and also the art economy is clearly headed for some choppy waters; I want to make sure that we are the best swimmers on the block. The luxury of carrying under-performing employees is now a thing of the past.
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