Cineplex lays off 130 workers amid COVID-19, Cineworld fallout

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Cineplex Inc. says it is laying off more than 130 workers as the company continues to grapple with the COVID-19 pandemic and a takeover deal that has turned litigious.

The Toronto-based theatre chain says workers in Canada and the U.S. are impacted by the cuts, which includes senior executives due to retire.

Cineplex says it is confident its business will recover from the COVID-19 closures but in the short- and medium-term it will focus on a smaller number of projects and priorities.

 

source:https://www.bnnbloomberg.ca/cineplex