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HITS Daily Double

AEG IS READY TO GET BACK TO WORK

AEG has set 4/1 as the day for furloughed staff members to return to work, sources have confirmed to HITS.

AEG CEO Dan Beckerman informed furloughed workers that the company’s goal is to have the entire workforce back at full salary by 10/1.

While the pandemic affected live entertainment beginning in mid-March of 2020, AEG held out until 7/1 before enacting large-scale layoffs. (Pay cuts began when the business went dark.) It's the first company in the live space to announce a return to full-scale operations.