The parent company that oversees the NHL Buffalo Sabres announced a series of cost-cutting measures, including layoffs and furloughs affecting 125 employees as a result of the new coronavirus pandemic.
Pegula Sports and Entertainment says 104 employees are being furloughed, while another 21 were laid off on Tuesday. A person told The Associated Press the laid-off employees were informed they were fired, and spoke on the condition of anonymity because that information wasn’t included in the news release.
PSE also said more than 36 employees, including management, hockey staff and broadcasters, will have their salaries reduced temporarily.
PSE says it will continue to pay health insurance coverage for furloughed employees.
The cuts won’t affect the staff of the NFL’s Buffalo Bills, who are also owned by Terry and Kim Pegula. Their Buffalo-based company employs more than 3,000 across its various holdings.