Job cuts will affect 95% of its staff, more than 4,000 people, the company said in a statement. It added that it hopes to support workers during the disruption and “rebuild once the global crisis subsides.”, the outfit temporarily suspended all of its shows on the Vegas strip, as well as its planned run of "Volta" in Orange County. It has now shut down all 44 of its productions around the world.
Immediate steps to support employees include paid vacation time, insurance coverage maintained during the temporary layoff and access to the group’s employee support program, it added. “It is the most difficult day in Cirque du Soleil Entertainment Group history. We’re deeply saddened by the dramatic measures taken today, as the temporary layoff includes many hardworking, dedicated people. Unfortunately, this decision is our only option as we are forced to position ourselves to weather this storm and prepare for eventual re-openings,” said Daniel Lamarre, President and CEO Cirque du Soleil Entertainment Group.
Source: News Formal (newsformal.com)
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Cirque Du Soleil Lays Off 95% Of Staff Over Coronavirus Pandemic ShutdownI joined Forbes as the European News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com,\n or Twitter _iainmartin. Yikes
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Cirque Du Soleil Axes 95% Of Staff After Coronavirus Cancels ShowsCirque du Soleil, the Montreal-based entertainment company that is the largest contemporary circus producer in the world, has temporarily laid off almost its entire workforce after the coronavirus … 'axes' Gotta make sure the most pejorative verbage is used to keep the propaganda narrative running strong... Wow,just so they wouldnt pay them ... SHAME Great. Now clandestine and confounding bank heists will go up. 🙃/s
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Cirque du Soleil lays off 95 percent of its workforce after coronavirus forces closure of all its shows globallyThe Montreal-based company said that more than 4,000 people would lose their jobs, but were ready to rehire people when productions resume. yeah when pam at the wheel it works like that
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In the Time it Takes to Boil Instant Rice, Cirque du Soleil's CEO Fired Thousands of Employees via Bizarre VideoAt noon today, Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group, circulated a video among employees informing 95 percent of them that they are now unemployed, according to multiple newly laid-off employees who say they received an email containing a link to the video. \n The faster they can cut ties, the more will be left for bonuses. cynicismsucks
Source: Jezebel - 🏆 153. / 63 Read more »
Cirque Du Soleil Lays Off 95% Of Staff Over Coronavirus Pandemic ShutdownI joined Forbes as the European News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com,\n or Twitter _iainmartin. Yikes
Source: Forbes - 🏆 394. / 53 Read more »
Cirque Du Soleil Axes 95% Of Staff After Coronavirus Cancels ShowsCirque du Soleil, the Montreal-based entertainment company that is the largest contemporary circus producer in the world, has temporarily laid off almost its entire workforce after the coronavirus … 'axes' Gotta make sure the most pejorative verbage is used to keep the propaganda narrative running strong... Wow,just so they wouldnt pay them ... SHAME Great. Now clandestine and confounding bank heists will go up. 🙃/s
Source: DEADLINE - 🏆 109. / 63 Read more »