Cirque du Soleil Files for Bankruptcy

Cirque du Soleil Entertainment Group filed for bankruptcy on Monday.


The company filed for bankruptcy protection in Canada in an effort to restructure operations after the cancellation of numerous shows due to the coronavirus outbreak.  The company said it will also be laying off about 3.840 employees that were furloughed in March.  Investors will set up two funds worth $20 million to offer additional relief to affected employees and independent contractors.



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