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.

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.

 

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