​Cirque Du Soleil Files For Bankruptcy Protection

Cirque du Soleil, affected by the COVID-19 pandemic, filed for creditor protection due to show closures and financial losses. The company laid off 3,500 employees but plans to rehire many once conditions improve. Shows in Las Vegas and Orlando are expected to resume first, with those staff members retained.

What action did Cirque du Soleil take in response to the COVID-19 pandemic?

• Filed for creditor protection

• Increased ticket prices

• Expanded their shows

• Filed for bankruptcy

How many employees were laid off by Cirque du Soleil due to the pandemic?

• 4500

• 3500

• 2500

• 1500

What financial strategy did Cirque du Soleil adopt to address its financial challenges?

• Increased marketing budget

• Reduced ticket prices

• Entered a purchase agreement with shareholders

• Opened new shows in different cities

What is Cirque du Soleil's plan regarding its staff once shutdowns are lifted?

• Keep the current staff size

• Rehire a significant portion of its laid-off staff

• Hire new staff

• Outsource performances

Which locations are expected to resume Cirque du Soleil shows first?

• Paris and London

• Toronto and Vancouver

• Las Vegas and Orlando

• New York and Los Angeles