Massive employee furloughs (rumored to be 85-90%) due to COVID-19 has depleted the once thriving organization of its talent. Their people is what made Freeman what it has been for 93 years! Revenue losses due to almost ALL planned shows cancelling through Spring of 2021 (they did not have/require cancellation insurance) has put the company in financial disarray. As an employee, this means continued pay reductions, no bonuses and no new project work for the foreseeable future - estimated for 18-24 months, or until the events industry improves from COVID-19. Freeman is a target for sale, bankruptcy or PE takeover. Truly sad for this once thriving, family-owned company.