Cork Opera House to close for three months in survival bid

ONE of the country’s largest theatres is to close for three months as part of a cost-cutting survival plan.

The board of Cork Opera House has also warned staff of wage cuts and redundancies if it is to survive as a viable business.

Draft accounts show it recorded a loss of roughly €300,000 for the year ended March 2010. The board has been advised it must cut costs by €500,000 from a total spend of €3.5 million last year.