Due to the COVID-19 pandemic, Cirque du Soleil filed bankruptcy today. In March, the circus company was forced to shut down productions all over the world, leaving 3,500 workers with no job. A group of existing investors will take over the company for $300 million as well as financially support the laid-off workers.
Cirque du Soleil has filed for bankruptcy protection. The company's revenue flow was devastated by the pandemic. https://t.co/tlY7aJyEyP
— CBC News (@CBCNews) June 29, 2020