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HOCKEY

MONTREAL CANADIENS TO TEMPORARILY LAY OFF ORGANIZATION EMPLOYEES

JAMES TUBB
MARCH 24, 2020  ·  14H14
As a result of the pausing of the NHL / AHL season, Groupe CH, who owns the Montreal Canadiens franchise has made the temporary decision to reduce their personnel. Tuesday, the group announced they would be laying off 60% of the organization's employees with the potential return of the 2019-20 season still up in the air.


The Groupe CH has established a six million dollar fund to help add to employment insurance benefits for employees over eight (8) weeks. The group says this will ensure that employees will receive 80% of their base salary during this period.

The fund will also be made available to provide loans to employees who find themselves in difficult financial situations as a result of the global pandemic.

Groupe CH owner, president and CEO Geoff Molson, spoke on the matter Tuesday:

"Now more than ever, it is important to support our community and demonstrate our solidarity to one another. We are working extremely hard to limit the impact this situation will have on our employees. I would like to take this opportunity to thank our employees for their understanding and patience. During difficult times like these, our commitment to one another will help us rebound faster."



Groupe CH say they are committed to ensuring the return of the organization's employees back to work as soon as the situation allows.