Cirque du Soleil was on the brink of bankruptcy and sacked thousands of employees



The canadian Cirque du Soleil was on the brink of bankruptcy because of the pandemic coronavirus and fired almost 3.5 thousand employees. This was reported on the website of the organization.

“The last 36 years Cirque du Soleil has been extremely successful and profitable organisation. However, with zero income since the forced closure of all our shows for COVID-19 leadership had to take decisive action to protect the future of the company”, — the statement says Director of Cirque du Soleil Daniel but never mind.

The organization plans to restart its activities. The owners will invest in the restructuring of $ 300 million, of which $ 15 million will be allocated to support employees. All were dismissed 3480 employees — about 90 percent of the staff of Cirque du Soleil. Most employees plan to hire back after the restructuring.

Video, photo All from Russia.


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