Chuck E. Cheese parent company files for bankruptcy

The parent company of Chuck E Cheese has filed for bankruptcy.

CEC Entertainment is blaming the financial strain caused by the global pandemic.

'C-E-C ENTERTAINMENT' ISBLAMING THE FINANCIAL STRAINCAUSED THE GLOBAL PANDEMIC.NEARLY HALF OF ITS MORE THAN500 CHUCK E CHEESE LOCATIONSARE NOW OPEN - AND THEY PLAN TOREOPEN MORE LOCATIONS WEEKLY.THE COMPANY EMPLOYS OVER 16-THOUSAND PEOPLE.EMPLOYEES' PAY WON'T BEDISRUPTED EMPLOYEES' PAY WON'TBE DISRUPTED AND THEY WILLCONTINUE TO RECEIVE BENEFITS