SeaWorld announced an aggressive cost-cutting strategy on Tuesday as the controversial aquatic theme park company reported a further 33% decline in profits. Chief executive Joe Manby warned investors to expect annual profits to come in at between $310-340m. Manby said SeaWorld had begun “executing a comprehensive cost optimization program” on top an already announced cost-cutting drive. “In 2017 we will launch an all-new orca experience focused on natural environment [of whales]. However, the company still has almost 30 killer whales, including one who is pregnant.

Source: The Guardian November 08, 2016 17:15 UTC