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Canadiens Temporarily Layoff 60% of Employees Due to Coronavirus Crisis

Groupe CH, the group that owns the Canadiens, announced Tuesday it will temporarily lay off 60% of its employees due to the impact of the coronavirus pandemic on the sports industry.

The reduction will take place on March 30 and is a result of the suspended NHL and AHL seasons. Groupe CH also owns the AHL's Laval Rockets.

"Now more than ever, it is important to support our community and demonstrate our solidarity to one another. We are working extremely hard to limit the impact this situation will have on our employees," Groupe CH owner, president, and CEO, Geoff Molson said in a statement.