Cirque du Soleil cuts 3,500 jobs to avoid bankruptcy

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Cirque du Soleil cuts 3,500 jobs to avoid bankruptcy


Cirque du Soleil performers

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Canadian entertainment firm Cirque du Soleil is to cut 3,500 jobs after striking a deal to avoid bankruptcy.

The group, best known for its flamboyant touring circuses, said the coronavirus pandemic had forced it to cancel shows and lay off its artists.

The company will now try to restructure while shedding about 95% of its staff.

“With zero revenue since the forced closure of all of our shows due to Covid-19, the management had to act decisively,” said boss Daniel Lamarre.

The firm had to pause production of all of its shows, including six in Las Ve

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