Timberwolves, Lynx announce layoffs, pay cuts due to COVID-19 pandemic
Minnesota Timberwolves guard Malik Beasley (5) dribbles past New Orleans Pelicans forward Derrick Favors (22), near Pelicans guard E'Twaun Moore (55) and forward Zion Williamson (1) during the first half.[AP/Matthew Hinton]
The Minnesota Timberwolves and Minnesota Lynx on Thursday announced layoffs and pay cuts for employees amid the COVID-19 pandemic.
It comes a day after the Minnesota Wild announced furloughs and pay cuts for some of its employees.
"The Timberwolves and Lynx have experienced a significant financial impact due to the global pandemic. As a result of these unforeseen circumstances, the organization has made staffing changes that include a temporary tiered pay reduction plan for employees earning $70,000 or more as well as a reduction in our full-time workforce," the Timberwolves said in a statement.