AMC Theaters Furloughs Employees and CEO Amid Coronavirus Pandemic

AMC Theaters has announced that the company has furloughed its corporate employees, including its CEO Adam Aron. The decision was made after the COVID-19 pandemic forced AMC to close 634 move theater locations across the U.S. and Canda. “At this time, AMC is not terminating any of its corporate employees, however, we were forced under the circumstances to implement a furlough plan, which is absolutely necessary to preserve cash and to ensure that AMC can reopen our doors once this health crisis has dissipated,” the company said in a statement to Variety. [widget path="global/article/imagegallery" parameters="albumSlug=every-delayed-movie-due-to-coronavirus-so-far&captions=true"] The theater closures impacted 27,000 U.S. employees. During this time, AMC announced that it would pay those employees “as much as we can possibly afford to pay them,” while also providing those who qualify to continue to have health-care benefits. AMC maintains that it intends to bring back its employees once the movie theaters re-open. AMC previously tried to keep theaters open at 50% capacity, but ultimately ended up closing theaters. The COVID-19 pandemic has caused a massive disruption in the U.S. workforce, resulting in a wave of layoffs for non-essential staff, or new work situations that discourages direct contact and mass gatherings. Retailers like GameStop announced stores would be closed in favor of online orders and curbside pick-ups. Check out IGN’s resource on how to navigate the COVID-19 pandemic here. [poilib element="accentDivider"] Matt Kim is a reporter for IGN.

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