Per Billboard Coronavirus Per Billboard

Live Nation furloughs 20 per cent of staff in cost-cutting package

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2,100 employees forced into involuntary leave Live Nation has reportedly furloughed 20 per cent of its workforce as part of a $600M cost-cutting package.

Per Billboard, 2,100 of the company’s 10,500 employees are affected by the decision, which comes as the live entertainment sector worldwide experiences unprecedented financial difficulty during the coronavirus pandemic.

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