Cineplex forced to lay off a thousand employees in Quebec

Cineplex forced to lay off a thousand employees in solute ; b & eacute; cois

MISE & Agrave; DAY

The closure of cinemas, decreed by Quebec last December, will have forced the temporary layoff of “& nbsp; nearly 1000 & nbsp;” part-time workers at Cineplex.

That's what its Vice President, Communications and Content, Sarah Van Lange, confirmed yesterday to the Journal . & nbsp ;

“& nbsp; Due to the mandatory closures of our 17 theaters in Quebec, we have made the difficult, but necessary, decision to temporarily lay off our part-time workforce again. & nbsp; “

A shock for the industry

Canada's largest movie theater chain, listed on the Toronto Stock Exchange, will recall its employees to work as soon as restrictions are lifted. & Nbsp;

“& nbsp; We look forward to getting our team back on track back to work once and for all, “Van Lange said by email.

This closure of theaters, ordered on December 20 – four days after the announcement of the first restrictions in Quebec to fight against the Omicron variant -, had been greeted like a sledgehammer by the cinema community. & Nbsp;

The shock was all the more brutal as it came, for the second year in a row, to deprive the industry of its most lucrative period – the holiday season – of the year.

Ontario follows Quebec

Just over two weeks later, Ontario Premier Doug Ford followed suit. government of Quebec by announcing Monday the closure in turn of theaters in the province. This will remain so at least until January 26.

This decision will have resulted in the closure of a total of 67 theaters operated by Cineplex in the province and the layoff of “nearly” from 5000 & nbsp; ” part-time workers, the company confirmed. & nbsp;

Yesterday, Cineplex's share value closed at $ 13.01, down 0.54% from its closing price the day before. In the last five sessions, the stock has fallen 2.47%.

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