Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X

Coronavirus: 76ers & Devils axe plan to reduce employee salaries

By Paul Digiacomo

New York, March 25: One day after saying employees would have their salaries temporarily cut and move to a four-day work week due to the impact of the coronavirus pandemic, the Philadelphia 76ers and New Jersey Devils reversed that decision.

They had asked salaried employees to take a temporary 20 per cent pay cut while preserving their full benefits in an attempt to keep their 1,500 hourly workers paid throughout the regular season.

In a statement released on Tuesday, Josh Harris, founder of Harris Blitzer Sports & Entertainment – the company that owns and operates the 76ers and Devils – said: "After listening to our staff and players, it's clear that was the wrong decision.

"We have reversed it and will be paying these employees their full salaries.

"This is an extraordinary time in our world - unlike any most of us have ever lived through before - and ordinary business decisions are not enough to meet the moment. To our staff and fans, I apologise for getting this wrong."

For Quick Alerts
Subscribe Now
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts
Story first published: Wednesday, March 25, 2020, 1:00 [IST]
Other articles published on Mar 25, 2020
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Mykhel sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Mykhel website. However, you can change your cookie settings at any time. Learn more