Cirque du Soleil cutting 110 jobs

Cirque du Soleil announced it is cutting 110 jobs due to ongoing financial challenges exacerbated by the COVID-19 pandemic. The layoffs affect employees in its Montreal headquarters, with the company previously having laid off a significant number of workers last year. Cirque aims to refocus its strategies and adapt to the current economic climate as it continues to recover from the impacts of the pandemic on the entertainment industry.