Just For Laughs Comedy Festival Cancels 2024 Edition And Lays Off Staff After Filing For Bankruptcy; Pandemic And Inflation Blamed
deadline.comThe organizers of Canada’s well-regarded Just for Laughs festival, a major gathering in Montreal where a number of comics have been discovered, have canceled the 2024 edition and filed for bankruptcy.
Several dozen staffers have also been let go as a result of the moves, which were blamed on the one-two punch of Covid and rising inflation.
Multiple press reports have estimated that 75 workers, about 70% of the staff, have exited. “We plan to maintain JPR’s operations, albeit in a scaled-down format, throughout the restructuring process,” the presenting organization, Juste pour rire Inc., said in a statement.
Events in several parts of Canada are held under the Just for Laughs banner. One in Toronto that is operated by different organizers is expected to proceed as scheduled in September.
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