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It is no secret that the SeaWorld family of parks were not doing spectacularly well prior to the start of the COVID-19 Pandemic, but in the wake of the shutdown, things have really fallen apart for the company, with the new CEO jumping ship, three construction liens filed against SeaWorld, and now SeaWorld is asking for a bailout from both the local and the federal government to help cover its losses. And now we are learning more about how this parks group, which owns and operates not only the SeaWorld parks, but also Busch Gardens and Aquatica parks, is trying to stay afloat through this pandemic. 

SeaWorld has secured enough loans to survive the year

Image: SeaWorld

Several weeks ago, the situation with SeaWorld was pretty dire, with the parks operator losing an estimated $2 Million per day while the shutdown is ongoing. However, the good news is that the company recently secured $227.5 million in loans, according to an SEC filing. With this new cash-raising loan SeaWorld  has said it officially has enough cash to survive through to 2021, even if the worst case scenario happens and its theme parks don’t reopen at all in 2020. Interim CEO Marc Swanson made the following statement about the future of the theme parks company: 

“I am proud of our team and thankful for their resilience during these uncertain times. We are fully committed to successfully navigating through this current environment, reopening our parks and welcoming back our guests as soon as it’s safe and permitted.”

Finding a way to support workers

Image: SeaWorld

Unlike Disney and Universal, when SeaWorld closed all of its parks back in March, they did not continue paying their workers for any length of time, furloughing all but the most essential employees immediately. And while it looks like the the company may be back in black thanks to the above loans as well as some federal programs designed to help struggling companies, local unions are lobbying for funds to be withheld from SeaWorld until the company puts the furloughed workers back on its payroll and restores their health benefits.

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IVE ALWAYS BEEN A FAN OF SEA WORLD OF ORLANDO FLORIDA. I WORKED AT SEA WORLD FOR ALMOST FOUR YEARS AND I LOVED EVERYDAY THAT I WORKED THERE. I WORKED IN FOOD SERVICE

There are a few inaccuracies in this article. SeaWorld did pay full time employees for the first two weeks of the closure. Also, prior to covid-19 the parks had been preforming very well. And was on a pretty big upswing.

No they didn't they paid them for 32 hours only ,if they wanted 40 hours had to use time accumulated , that was done for 2 weeks, then paid them only 16 hours the next 2 weeks, plus dropped there medical benefits by sending them a letter in mail after they laid them off

Oh the poor, poor park! (Sarcasm) Sea World can’t afford to purchase more wild dolphins, who are forcibly taken from everything they know, including their families, only to be put in tiny tanks and USED and exploited (trained) for human “entertainment “.
Greedy, greedy humans. 💵 😡
Read more at Rick O’Barry’s Dolphin Project
https://www.dolphinproject.com/

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