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Cineworld: 45,000 to lose their jobs as curtains close at UK and US cinemas

Cineworld: 45,000 to lose their jobs as curtains close at UK and US cinemas

Business
Cineworld is on course to cut tens of thousands of jobs after confirming plans to temporarily bring the curtain down on its UK and US cinemas because of continuing disruption from the coronavirus pandemic.The company said its decision affected 45,000 workers, almost 6,000 of them in the UK, and Sky News understands they will lose their jobs this week in the hope they can be re-hired when the hibernation ends. Those hit will include third-party staff, including cleaners and security personnel.Live coverage of the latest coronavirus news and updates Image: Cineworld shares plunged by almost 60% at the open Cineworld announced the news 24 hours after receiving a backlash from employees over media reports that renewed delays to key releas...