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Cirque du Soleil files for bankruptcy and cuts 3,500 jobs
https://www.cnn.com/2020/06/29/busin...tcy/index.html
In an announcement Monday, the Montreal-based company blamed its bankruptcy on the "immense disruption and forced show closures as a result of the Covid-19 pandemic" and is aiming to restructure its debt with assistance from the Canadian government and private equity firms.
The filing comes three months after it temporarily suspended production of its shows, including six in Las Vegas.