Online gaming and sports betting giant Flutter, which owns brands including Paddy Power, Betfair and Sky Bet, announced through a spokesperson that it will make an unspecified number of layoffs after an internal review revealed a number of redundancies.
The spokesperson said the majority of those whose roles are eliminated will be aided in finding new positions with Flutter. As a result, there would be only a “small number” of job losses.
“These proposed changes reflect the next phase of our integration, as we look to consolidate parallel operating models and position the business to continue growing against a more challenging operating environment,” the spokesperson said, according to iGaming Business.
“While we have sought to minimize the impact this will have on our colleagues, with most employees affected being redeployed into alternative or newly created roles, the proposals may lead to a small number of job losses.
“We are communicating with those affected as part of a consultation process and will be providing them with the support they need throughout.”
