Cineplex has confirmed they have laid off nearly 6,000 part-time employees across Canada after the closure of movie theatres due to the spread of the Omicron variant.
Sarah Van Lange, a Spokeswoman for Cineplex, said the layoffs are temporary and look forward to getting employees back to work once the restrictions are lifted.
Out of the 6,000 workers being laid off, 5,000 are in Ontario, and 1,000 are in Quebec.
The Ontario province mandate is scheduled to last until at least January 26.
What about the Met Live in HD?
With the Met Live in HD 2021-22 season underway, opera lovers should check with their local Cineplex for availability. At the time of publication, all encores of Eurydice scheduled for Jan. 15, 2022, in Ontario, Quebec, and Newfoundland have been cancelled.
Despite the bad news…
…Cineplex celebrated pandemic box office records with the release of the blockbuster opening of Spider-Man: No Way Home. With $631.8 million in the United States and Canada, the film is now one of the highest-grossing superhero films of all time.
Cineplex Inc. stock has begun to recover from its bottom of $4.63 on Oct. 6, 2020, to $12.93 on Jan. 7, 2022. While it’s a long way from the ~$53 it reached in the summer of 2017, it is an encouraging reversal.
In mid-Dec. the chain won a landslide of $1.24B in damages in a lawsuit with former merger partner Cineworld.
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