Betfred to Cut 600 Jobs and Close 132 Shops in Response to UK Tax Hike
UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.
UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.
Entain has u-turned on its claim to not cut jobs across the company, after reports from Bloomberg revealed that the multinational betting group is set to cut 500 jobs – roughly 2% of its total workforce.
Entain has confirmed that it is preparing to slash some 500 jobs under an initiative led by the company’s new chief financial officer, Michael Snape.
The U.S. commercial gaming industry is undergoing more changes, with two major gambling-related companies recently restructuring their organizations through job cuts.