Pace Gallery Cuts 50 Artists and 50 Staff Amid Art Market Challenges NYT | Top Stories By: Robin Pogrebin 4 June 2026 at 10:47 A challenging art market is forcing even an established player to contract. © Clement Pascal for The New York Times“The whole art gallery art system became too big, too commercial, too impersonal and too corporate,” Marc Glimcher, the chief executive of Pace Gallery, said.