ORLANDO, Florida – SeaWorld announced that it will furlough 90% of its employees due to theme park closures caused by the coronavirus pandemic.
“On March 27, 2020, the Company announced that, in response to the global COVID-19 pandemic and the resulting temporary park closures, it will or has temporarily furloughed over 90% of its current employees as of April 1, 2020,” SeaWorld stated in an SEC filing.
“The furloughed employees will not receive compensation from the Company during the furlough period after March 31, 2020; however, subject to local regulations, these employees will be eligible for unemployment benefits. The furlough period is uncertain at this time due to the temporary park closures and will be reassessed as business conditions dictate. The Company looks forward to welcoming back its ambassadors and guests when it is safe to open again.”