According to a report from Buffalo Sabres insider John Vogl of The Athletic, Sabres owners Terry and Kim Pegula, via Pegula Sports Entertainment, have fired 21 high ranking executives.
Check it out:
PSE has fired 21 employees and multiple sources tell *The Athletic* the list includes John Sinclair, the vice president of tickets and service; Chris Bandura, the vice president of communications; and Jennifer Van Rysdam, the vice president of live events.
The terminations impacted numerous departments, including the Academy of Hockey at Harborcenter – and sources stressed these were terminations, not furloughs. Pegula Sports and Entertainment has been examining cost-cutting measures for some time, and some of the firings may have come this summer regardless of the COVID-19 pandemic. But the pause created by coronavirus cancellations apparently accelerated the timeline.
“There is no way to adequately express how difficult these decisions were for Terry and me,” said President and CEO Kim Pegula. “It is not something we took lightly, and we are fully aware of the hardships that exist across our community and country right now. We feel for all the employees and families who will be affected, and we hope that we can all return to full strength in the coming weeks and months.”
PSE have also temporarily laid off 104 employees, as well. Nearly 100 others have taken temporary pay cuts.
For Vogl's full article, click the link below: