Cubs Employees Taking Pay Cuts, Jobs Guaranteed Through June
As first reported by Jeff Passan and subsequently confirmed by Patrick Mooney, Cubs employees are taking pay cuts but will have their jobs guaranteed through June. This comes as welcome news when several other organizations have announced furloughs once the month of May ends. The Cubs are hopeful that the season will resume in some fashion by June, thus making furloughs irrelevant.
Chicago Cubs employees will be taking pay cuts and have been guaranteed employment through at least the end of June, sources familiar with an employee call today told ESPN. A majority of the cuts will be for 15% or less. The hope is that baseball is back in June and no furloughs.
— Jeff Passan (@JeffPassan) May 20, 2020
Cubs employees are being notified that there will be pay cuts but no furloughs at this time, as @JeffPassan reported. There is a range in which the highest earners will take higher % reductions, per a source. Cubs execs have been hopeful that a shortened season can begin in July.
— Patrick Mooney (@PJ_Mooney) May 20, 2020
Passan noted that a majority of the pay cuts will be for 15% or less, with Mooney adding that there will be “a range in which the highest earners will take higher % reductions.” Now let’s just hope they can find a way to get the season going again so these folks can all keep their jobs beyond June.
