Cirque du Soleil Files for Creditor Protection
Image: © Disney
Cirque du Soleil shut down all 44 of its shows in March, laying off 95% of its workforce due to the coronavirus pandemic. Now, the company has filed for creditor protection to protect the company from its' debts while the pandemic is forcing their shows to stop.
It's unclear at this stage of any of the Cirque du Soleil shows will reopen, but can read about the restructuring strategy on their press release website if you're interested.
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