The cuts will affect 50% of the organization’s employees, but employees on leave will continue to cover 100% of their health benefits.
“The development of the COVID-19 situation is having a huge impact on our community and, like many businesses, we are meeting the challenges during this unprecedented period,” said owner, president and governor of Coyotes, Alex Meruelo. “It was an extremely difficult decision for me and my family. We never expected that the situation would escalate to the point of closing some of our businesses. It does not look like the NHL will resume play in the immediate future, so this We are all very hopeful that hockey will be back soon and we look forward to welcoming our team members at that time. It is never easy to take action that affects the lives of our team members and their families and I would like to for their patience and understanding during this very difficult time. We will get through this together. “
Meruelo announced on March 16 that he would pay part-time / hourly staff for the team and the arena for the last four games of the regular season.
The NHL season was suspended on March 12 with no indication if and when it could return this season.