Cirque Du Soleil to lay off 400 as operation juggles rising expenses

One of Canada's best known exports, the Cirque said it was struggling with rising costs of its productions as well as the strong Canadian dollar, which has risen to par or higher against the U.S. dollar over the past few years.

The Cirque said it would lay off 400 of its 5,000 employees, despite posting record revenues of C$1billion and selling more than 14 million tickets last year.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	JPMorgan Chase & Co. settles lawsuit against 'Whale' boss Bruno Iksil: source

NEXT ARTICLE
United States to become self-sufficient for energy requirements by 2030: BP

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit