Contemporary Museum cuts staff

HONOLULU (AP) - More than half the staff of Honolulu's Contemporary Museum is being laid off as it struggles with funding.

Twenty-five out of 48 employees will lose their jobs next month because officials say they need to offset the fall in market value of the museum's endowment.

Reductions also include canceling a "Japan Fantastic" exhibition showcasing the work of artists from Japan.

The museum's top administrator is also taking a 15% pay cut from her $100,000 salary.

The Bishop Museum laid off 14 of its workers in June to save money.

Ronald Yamakawa of the state Foundation on Culture and the Arts says the poor economy could easily lead to similar cuts at other nonprofits.