The Monterey Bay Aquarium says that it has been forced lay off 81 more employees and now faces a loss of 65% of its annual revenue.
The aquarium closed in March and since then 6% of its workforce has been reduced. The aquarium said it will also continue to cut 20% of pay for executive leadership and vice presidents. Employees making more than $100,000 face a 10% pay cut through the end of the year.
In a statement, the aquarium said most of the employees laid off were placed on furlough in May. They can file for unemployment, but the aquarium said it will continue to cover their health insurance costs through the end of September.
The aquarium expects a $45 million loss for the year due to the COVID-19 pandemic.
