Entain to Cut 500 Roles to Offset UK Online Gambling Tax Hikes
Entain plc, the operator behind Ladbrokes and Coral, has confirmed plans to cut approximately 500 positions, representing around 2% of its global workforce. The decision comes as the company implements a broader efficiency initiative under the direction of newly appointed CFO Michael Snape. A spokesperson stated, “As part of our ongoing focus on enhancing Entain’s operational efficiency and agility, we have begun implementing organisational changes which will regrettably impact a number of roles across the group over the months ahead. These changes […] The post Entain to Cut 500 Roles to Offset UK Online Gambling Tax Hikes appeared first on World Casino News.
Entain plc, the operator behind Ladbrokes and Coral, has confirmed plans to cut approximately 500 positions, representing around 2% of its global workforce. The decision comes as the company implements a broader efficiency initiative under the direction of newly appointed CFO Michael Snape. A spokesperson stated, “As part of our ongoing focus on enhancing Entain’s operational efficiency and agility, we have begun implementing organisational changes which will regrettably impact a number of roles across the group over the months ahead. These changes […]
The post Entain to Cut 500 Roles to Offset UK Online Gambling Tax Hikes appeared first on World Casino News.