STREAMING NOW: Watch Now

SeaWorld is temporarily furloughing over 90% of its employees

SeaWorld is temporarily furloughing...

Posted: Mar 28, 2020 10:30 AM

SeaWorld is temporarily furloughing over 90% of its employees as of April 1 because of the coronavirus pandemic. Its workers won't be paid after March 31 but will be eligible for unemployment benefits, the company stated in an SEC filing.

"Our parks will remain closed and are unable to generate revenue; therefore, we have made the painful but necessary business decision to temporarily furlough over 90% of our current workforce, including corporate employees, to position the company for long-term viability," SeaWorld shared Friday in a statement with CNN Business.

It is unknown how long the employees will be laid off, according to SeaWorld.

The company, which operates 12 theme parks around the United States, announced on March 13 it was closing down all its locations. "During this time, animal care experts will continue to look after the health and welfare of the animals in our care," it wrote on March 13. On Friday, it said this continues to be the case.

SeaWorld's stock fell 10.56% after the market closed on Friday.

The tourism industry has been badly battered by the coronavirus.

Marriott, the world's largest hotel chain, started furloughing its employees on March 17, saying in a statement to CNN Business that it was "experiencing significant drops in demand."

Disney closed its eleven theme parks across North America, Europe and Asia in mid-March. Universal Orlando Resort announced it, too, would temporarily shut dow its theme parks starting at the close of business on March 15.

New York Coronavirus Cases

County data is updated nightly.

Cases: 1619924

Reported Deaths: 47264
CountyCasesDeaths
Queens2073098698
Kings2060299023
Suffolk1602923054
Nassau1459852896
Bronx1411745821
Westchester1061292081
New York1012503863
Erie644141594
Richmond561741564
Monroe52122980
Rockland38138886
Orange36334720
Onondaga32151622
Dutchess21968406
Albany20620328
Oneida19583475
Niagara15156313
Broome14521335
Saratoga11796145
Schenectady10740177
Ulster9898227
Rensselaer8902131
Putnam824486
Chautauqua7257122
Chemung6408130
Oswego595689
Ontario573188
Steuben5463137
St. Lawrence538381
Cayuga533388
Jefferson472463
Sullivan468959
Herkimer4534106
Wayne442564
Genesee4372118
Cattaraugus435176
Madison380684
Clinton350726
Livingston348455
Tompkins342742
Columbia336094
Fulton327281
Montgomery3137105
Cortland311260
Allegany286981
Warren280755
Wyoming278549
Tioga277956
Greene260970
Orleans243380
Chenango239769
Otsego230743
Washington229552
Lewis204630
Franklin200812
Seneca157453
Delaware147833
Essex132826
Schoharie118312
Yates101126
Schuyler85712
Hamilton2792
Unassigned219119
Out of NY0191
Rome
Partly Cloudy
37° wxIcon
Hi: 36° Lo: 17°
Feels Like: 37°
Binghamton
Partly Cloudy
35° wxIcon
Hi: 36° Lo: 17°
Feels Like: 30°
Rome
Partly Cloudy
37° wxIcon
Hi: 39° Lo: 20°
Feels Like: 37°
Rome
Partly Cloudy
37° wxIcon
Hi: 33° Lo: 18°
Feels Like: 37°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
2021 Golfer's Paradise Card - 21 Courses for only $99.99
Saluting Those Who Are Proud 2 Serve