The coronavirus pandemic has been devastating to numerous Nashville businesses, including the Country Music Hall of Fame and Museum. The museum’s CEO, Kyle Young, announced that 73 employees have been laid off and 101 have been furloughed, as the museum stays closed due to COVID-19.

“We were forced to make this difficult decision by a challenging business environment unprecedented in the museum’s history,” Kyle said in a statement. “Since closing March 13, the museum has lost millions of dollars in budgeted revenue. Our economic setbacks, coupled with the uncertainties of the future related to the pandemic, make it necessary to take these measures now to protect the institution and ensure its future.”

The Country Music Hall of Fame was one of the very first businesses to shut its doors, in an effort to keep both staff and guests safe. The museum recently announced that it would remain closed through the end of June.

“The health and safety of our guests and staff are our top priority, and with that in mind, we have made the decision to extend our temporary closure,” Kyle previously stated. “When we reopen our doors, measures and protocols will be in place to help ensure a safe and healthy environment for our visitors, employees and the community.”

The Country Music Hall of Fame has approximately 400 employees. According to the Nashville Scene, The Hall of Fame generated $40.7 million in revenue in 2018, with more than $18.4 million coming from admissions alone. More than $16.1 million was paid in annual salaries in 2018.

The Ryman Auditorium plans to open on June 6. The Grand Ole Opry will also remain closed through June.