Broadway’s Shubert Organization Furloughs Staff During COVID-19 Shutdown

With Broadway’s COVID-19 shutdown anticipated to final till early summer time, if not longer, the Shubert Group, the {industry}’s largest theater proprietor and a serious producer, has furloughed employees members all through varied departments, Deadline can verify.

The furloughs embody staffers in administrative, gross sales and advertising and marketing departments. Medical insurance might be continued for 3 months. The variety of furloughed staff is reported to be as a lot as 30% of workers.

Shubert owns 17 Broadway theaters, together with the Barrymore, the Belasco, the Sales space, the Cort and the Winter Backyard, and two Off-Broadway venues (New World Levels and Stage 42).

The most recent furloughs comply with the sooner, industry-wide layoffs of Broadway ushers, field workplace workers and venue employees when Broadway went darkish on March 12.

Earlier this week, the Broadway League, representing theater homeowners and producers, prolonged the shutdown from April 13 to June 7, although many within the {industry} don’t count on Broadway to re-open till later in the summertime and even fall. The League is all however sure to revisit the goal date because the pandemic continues.

COPYRIGHT_BP: Published on https://bingepost.com/broadways-shubert-organization-furloughs-staff-during-covid-19-shutdown/93286/ by Hilda Workman on 2020-04-11T00:55:45.000Z

After the League introduced the extension, New York Gov. Andrew Cuomo voiced skepticism concerning the June 7 date, saying different sectors of the economic system would want to open previous to Broadway.

Deadline’s sister publication Selection was first to report the furlough information.

About The Authors

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.