Posted by: Market Watch in Market Information 1 hour in the past Six Flags Leisure Corp. mentioned late Tuesday it's “dedicated” to chop i
Six Flags Leisure Corp. mentioned late Tuesday it’s “dedicated” to chop its full-time workforce by about 240 staff, or 10%, because it sees attendance in its amusement parks dwindle within the ongoing pandemic and finish of the summer time. Six Flags is providing affected staff severance pay in addition to “outplacement providers,” the corporate mentioned in a submitting. It expects to incur severance-related prices of round $1.5 million within the third quarter and about $three million within the fourth quarter, it mentioned. Shares of Six Flags rose 0.6% within the prolonged session Tuesday after ending the common buying and selling day down 4.8%. Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.
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