Proposed suspension plan for AMC of the first Dalian lock yard line in the United States to reduce expenses

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 Proposed suspension plan for AMC of the first Dalian lock yard line in the United States to reduce expenses


Beijing News reported on March 26 that AMC, the largest commercial chain in the United States, announced a temporary suspension of 600 employees, including chief executive Adam Allen, according to foreign media. Affected by the outbreak, AMC has closed the US hospital lines on March 17, and plans to close them for 6-12 weeks. In order to reduce expenses, AMC also proposed a suspension plan.

AMC said in a statement: at present, AMC has not dismissed any staff, but in the current situation, we are forced to implement the suspension plan. This is absolutely necessary to ensure cash flow and AMC can reopen after the health crisis is over. The suspension plan requires employees to reduce their income while reducing their working hours, or no income when they are not working, which only applies to the period when AMC cinema is closed. This decision will be effective for all AMC employees, including those at the highest administrative level and the CEO.

As we all know, this is an unprecedented period, the statement concluded. AMC is making every effort to ensure that we can meet our colleagues and audiences when the cinema reopens.

Source: responsible editor of Beijing News: Li siou nbj11322