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(Jezebel)   Cirque du Soleil CEO to acrobats: You know how y'all can fark yourselves? Do that   (jezebel.com) divider line
    More: Obvious, Cirque du Soleil, Daniel Lamarre, conference call, part-time, employees, select group of employees, contract employees, administrative staff  
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4382 clicks; posted to Business » and Entertainment » on 21 Mar 2020 at 2:30 AM (15 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



28 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-03-20 10:35:42 PM  
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/usually only use this one for Steve Bannon
 
2020-03-21 2:32:27 AM  
So. Should the few that remain walk?
 
2020-03-21 2:44:09 AM  
Very bad optics, but you can't really expect a specialized entertainment company to be able to keep a staff of 5,000 people on the payroll when they are expected to go months without any form of major income. By doing a layoff, but not firing them, the employees at least qualify for unemployment.
 
2020-03-21 3:00:00 AM  
"The tone was just weird," the source says, "especially [from] a man I've met like once wearing Bono sunglasses."


Seems fair. "Getting a corporate video message in a weird tone from a stranger in Bono glasses" perfectly describes what it feels like to be in the audience watching your hammy Quebecois circus bullshiat.
 
2020-03-21 3:44:55 AM  
Welp, when the crisis has passed, it should be easy to restart quickly, having to hire and train 5000 employees.
 
2020-03-21 6:20:52 AM  
Rich Prick Behaves Like A Rich Prick. Film At 11:00.
 
2020-03-21 6:22:25 AM  
Ah, for the good old days when the stock market tanked rich pricks jumped off tall buildings.
 
2020-03-21 7:04:26 AM  
This is the circus.  At least they didn't get shot.....
 
2020-03-21 7:35:47 AM  

padraig: Welp, when the crisis has passed, it should be easy to restart quickly, having to hire and train 5000 employees.


The former employees will be cordially invited to apply for their old jobs at half their old salary.
 
2020-03-21 7:40:36 AM  
And though employees on the call learned that health insurance will be covered for up to six months for full-time employees, according to the former staffer, it would be impossible to for them to cash-in on any accrued paid time off or unused sick days, since doing so would indicate that the employee had quit, leaving them ineligible for unemployment-the only financial recourse for most of those laid off today.

That makes no sense at all. If you're let go, you're entitled to compensation for your unused PTO.
 
2020-03-21 7:42:55 AM  

Trik: Ah, for the good old days when the stock market tanked rich pricks jumped off tall buildings.


It wasn't the rich people who jumped, it was their brokers. Having lost all the money of all of many rich people all at once, they couldn't face their clients.
 
2020-03-21 8:09:55 AM  
A friend just got rehired by them, only to be let go weeks later. Charming.
 
2020-03-21 8:46:06 AM  

jjorsett: And though employees on the call learned that health insurance will be covered for up to six months for full-time employees, according to the former staffer, it would be impossible to for them to cash-in on any accrued paid time off or unused sick days, since doing so would indicate that the employee had quit, leaving them ineligible for unemployment-the only financial recourse for most of those laid off today.

That makes no sense at all. If you're let go, you're entitled to compensation for your unused PTO.


Yes, and that is just weird. Almost like someone using fear tactics.
 
2020-03-21 8:47:25 AM  
The CEO of a surreal, quirky performance group acts surreally quirky? Color me shocked.
 
2020-03-21 9:35:01 AM  

jjorsett: And though employees on the call learned that health insurance will be covered for up to six months for full-time employees, according to the former staffer, it would be impossible to for them to cash-in on any accrued paid time off or unused sick days, since doing so would indicate that the employee had quit, leaving them ineligible for unemployment-the only financial recourse for most of those laid off today.

That makes no sense at all. If you're let go, you're entitled to compensation for your unused PTO.


I see another Californian like me. Turns out there's more ways employers can bend you over and go in dry in other states. By the articles comment section it seems not all states make employers pay accrued time off when they lay you off. It seems like a basic thing but it I was shocked to find out it wasn't. Covid certainly is pointing out all the crappy things out there which go unnoticed when they happen to one person at time but now happen to thousands at a time.
 
2020-03-21 10:21:38 AM  
I've seen a couple of their shows, some of them really could fark themselves if they had to.
 
2020-03-21 10:27:19 AM  
The organization's finances must have been hanging by a thread before this all started. This must have been the nudge that pushed it over the brink.

/bankruptcy filing in 5...4...3...2...
 
2020-03-21 1:01:16 PM  

KRSESQ: The organization's finances must have been hanging by a thread before this all started. This must have been the nudge that pushed it over the brink.

/bankruptcy filing in 5...4...3...2...


JK? The guy who started the thing is a billionaire and they have (had) dozens of shows up and running in all the major entertainment capitals of the world.
 
2020-03-21 1:08:31 PM  

wax_on: KRSESQ: The organization's finances must have been hanging by a thread before this all started. This must have been the nudge that pushed it over the brink.

/bankruptcy filing in 5...4...3...2...

JK? The guy who started the thing is a billionaire and they have (had) dozens of shows up and running in all the major entertainment capitals of the world.


Yeah, modern business concept is that it's a waste of money to have money sitting around.  Investors, stockholders, the people running it want fat stacks of cash in their pockets yesterday,today, and tomorrow. It's become a sin to have a rainy day fund for when shiat hits the fan or to invest back into the business. Going to be interesting to see how many companies close down.
 
2020-03-21 1:10:49 PM  
Could have been worse. All the Russian circuses are keeping their performers, because if things go really south, the owners will need emergency rations and those acrobats got some meaty thighs.
 
2020-03-21 1:26:51 PM  

flemardo: jjorsett: And though employees on the call learned that health insurance will be covered for up to six months for full-time employees, according to the former staffer, it would be impossible to for them to cash-in on any accrued paid time off or unused sick days, since doing so would indicate that the employee had quit, leaving them ineligible for unemployment-the only financial recourse for most of those laid off today.

That makes no sense at all. If you're let go, you're entitled to compensation for your unused PTO.

I see another Californian like me. Turns out there's more ways employers can bend you over and go in dry in other states. By the articles comment section it seems not all states make employers pay accrued time off when they lay you off. It seems like a basic thing but it I was shocked to find out it wasn't. Covid certainly is pointing out all the crappy things out there which go unnoticed when they happen to one person at time but now happen to thousands at a time.


I belive Cirque du Soleil is Canadian.
 
2020-03-21 1:40:15 PM  

wax_on: KRSESQ: The organization's finances must have been hanging by a thread before this all started. This must have been the nudge that pushed it over the brink.

/bankruptcy filing in 5...4...3...2...

JK? The guy who started the thing is a billionaire and they have (had) dozens of shows up and running in all the major entertainment capitals of the world.


And a lot of them aren't making money. I'll just use their Vegas shows to illustrate this because I've read much more about those than their touring shows:

One new show at Luxor recently shut down due to poor sales and even worse reviews. Link

In there, you'll read that the show allegedly lost over $1.6 million a month after costing over $60 million to create.

Also, sales are down across all of their Vegas shows and the company is reportedly a billion dollars in debt.

And the guy who wrote that has a very good track record with his reporting, having broken a lot of stories well before the media catches on. He was reporting on that show shutting down weeks before anything official came out.
 
2020-03-21 1:52:58 PM  

Trocadero: I've seen a couple of their shows, some of them really could fark themselves if they had to.


That'd make Zumanity more...interesting.
 
2020-03-21 4:12:34 PM  
Telling them first to get bent didn't really have an impact.
 
2020-03-21 6:03:56 PM  

desertgeek: wax_on: KRSESQ: The organization's finances must have been hanging by a thread before this all started. This must have been the nudge that pushed it over the brink.

/bankruptcy filing in 5...4...3...2...

JK? The guy who started the thing is a billionaire and they have (had) dozens of shows up and running in all the major entertainment capitals of the world.

And a lot of them aren't making money. I'll just use their Vegas shows to illustrate this because I've read much more about those than their touring shows:

One new show at Luxor recently shut down due to poor sales and even worse reviews. Link

In there, you'll read that the show allegedly lost over $1.6 million a month after costing over $60 million to create.

Also, sales are down across all of their Vegas shows and the company is reportedly a billion dollars in debt.

And the guy who wrote that has a very good track record with his reporting, having broken a lot of stories well before the media catches on. He was reporting on that show shutting down weeks before anything official came out.


Which is odd since it seems like they have a show in every other casino.  Can't imagine that over-saturation has anything to do with declining sales.
 
2020-03-21 7:14:50 PM  
"Mes chers employés, mes chères employées,

Je vous invite d'aller chier dès maintenant."
 
2020-03-21 11:31:08 PM  
If I have to boil it then it is not instant
 
2020-03-22 2:06:07 PM  
Ehhh. I prefer Cirqus Voltaire anyway.
 
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