SeaWorld won’t be paying 90% of its employees soon due to the coronavirus pandemic
SeaWorld Parks & Entertainment announced Friday that it will not be paying 90% of its employees starting April 1.
Due to the global COVID-19 pandemic, the company said it will temporarily furlough 90% of its employees. The employees will not be compensated after March 31, according to a SeaWorld Securities and Exchange Commission filing.
The filing says employees will be eligible for unemployment benefits if allowed by local regulations. The park said the furlough period is uncertain and did not say when it will end.
SeaWorld said in a statement:
“As a company in an industry dependent on travel and tourism, the current pandemic has impacted our business significantly. Our parks will remain closed and are unable to generate revenue; therefore, we have made the painful but necessary business decision to temporarily furlough over 90% of our current workforce, including corporate employees, to position the company for long-term viability. During this time, our focus is on resuming normal operations and welcoming back guests and Ambassadors as quickly as possible.”
The closure of its parks is until further notice and a reopening date wasn’t announced.
A few hours earlier on Friday, the Walt Disney Company also announced its Florida and California resorts will remain closed until further notice and did not say when they will open again.
As of Friday morning, there were 2,900 confirmed COVID-19 cases in Florida.
This story was originally published March 27, 2020 at 5:45 PM.
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