Six Flags On Financial, Job Rollercoaster

Theme park is still hiring, despite potential bankruptcy

By Matt Bartosik
|  Monday, Mar 16, 2009  |  Updated 10:16 PM CDT
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Six Flags On Financial, Job Rollercoaster

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It's all fun and games until someone files for Chapter 11 bankruptcy protection.

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Six Flags, Inc. may be forced to file for Chapter 11 bankruptcy protection. What does that mean for the popular theme park's seasonal employees?

Six Flags maintains 21 properties throughout North America, including theme parks, water parks, and family entertainment centers. The Gurnee location has been holding job fairs since early this year and has filled more than half of the 3,200 seasonal positions available. A spokesperson has said that all employees should expect to report for work on Opening Day, April 3.

"The company plans on filing for bankruptcy protection if it cannot restructure some of its obligations," the Six Flags spokesperson said, reports WBBM 780. "If Six Flags does in fact file, it will not affect day-to-day operations."

In fact, at the time of this article's publication, the Gurnee Six Flags is still accepting applications for a dozen positions.

Six Flags shares have traded under $1 since September. The company announced in its annual report Wednesday that it may file for Chapter 11 bankruptcy protection if it cannot meet emerging financial obligations, including redeemable shares that will mature in August.

It appears that the economy is providing more of an adventure than any theme park ride.

Matt Bartosik, editor of Off the Rocks' next issue and "between blogs" blogger, loves roller coasters but hates long lines.

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