Bally Cuts 270 Jobs

Bally Technologies is eliminating 270 jobs as part of a corporate restructuring following the incorporation of recently acquired SHFL entertainment.

Diversified slot, table and system supplier Bally Technologies announced that it is eliminating 270 jobs, at least half of which are outside of the United States. The company’s announcement did not specify how many, if any, jobs at the manufacturer’s Las Vegas headquarters will be cut.

The layoffs are part of a reorganization effort to eliminate duplication of duties in the wake of the company’s acquisition of table game and utility supplier SHFL entertainment, completed last year. It constitutes a 6 percent reduction in the company’s global workforce.

“We are always evaluating our business and the market for our products to make sure that our priorities and our focus is where it should be based—on the technology solutions our customers need most to drive revenue and realize operating efficiencies,” said Gary Kapral, Bally senior vice president of human resources and operations.

“In this case, our reorganization resulted in some changes that necessitated tough decisions about resource and human-capital needs in certain areas. … Despite the decision to downsize our workforce, our business remains healthy.”

The release said the company will provide severance packages and outplacement assistance to affected employees where available.

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