with the company tweeting yesterday (October 4) that “a final decision has not yet been reached” on whether to continue operating.In an announcement to the City this morning (October 5), Cineworld confirmed that it had now decided to temporarily suspend its operations — putting 45,000 jobs, including 5,500 in the UK, at risk.“Cineworld confirms that it will be temporarily suspending operations at all of its 536 Regal theatres in the US and its 127 Cineworld and Picturehouse theatres in the UK from Thursday 8 October 2020,” the statement reads, without adding a possible reopening date.“As major US markets, mainly New York, remained closed and without guidance on reopening timing, studios have been reluctant to release their pipeline of new.
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