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SeaWorld Survives COVID-19 Pandemic by Furloughing 95% of Its Staff Without a Paycheck or Health Benefits
SeaWorld survived the COVID-19 pandemic by furloughing 95% of its staff without a paycheck or health benefits. The company faced backlash when it sought to an emergency loan from the federal government worth potentially hundreds of millions of dollars more, despite having only paid less than $8 million in total income taxes in the previous 10 years. In the third quarter, we generated among our highest revenue and net income ever reported. 2021 and beyond has been encouraging for SeaWorld as the company has pivoted more towards thrill rides and educational shows rather than circus acts and breeding.