Timberwolves, Lynx announce layoffs, pay cuts due to COVID-19 pandemic

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.