The boss of Butlin's has warned that 10,000 jobs will be lost if the Government does not intervene during the coronavrus crisis.
Paul Flaum, chief executive of the privately owned Bourne Leisure Group, has said that its entire seasonal workforce could be wiped out due to lack of finances.
Flaum is yet to make a final decision about the move, but said without emergency aid to pay workers' wages, there is little prospect of the company employing them through the summer, according to Sky News.
Bourne owns the Butlin's and Haven resorts, as well as Warner Leisure Hotels.
During a typical peak trading period, as many as 15,000 people work across more than 50 Bourne-owned sites across the UK.
Earlier this week, the company offered to make its sites available to the NHS as part of its efforts to deal with the outbreak.
Rishi Sunak, the chancellor, will unveil a further phase of the government's economic rescue plan on Friday.
A spokesman for Bourne Leisure said: "We have taken on circa 10,000 seasonal employees for the summer season but we have now had to temporarily close our three brands to our holidaymakers until 16 April.
"We value our team very highly and we are committed to paying them until 16 April."
He added that the company had "been very active in communicating with them and talking about the current situation".
"We are hopeful that the government recognises our commitment to our team who we value very highly and we are hopeful that they can come up with a package to resolve this challenging issue and help our wonderful team."