Ladbrokes owner prepares to cut 400 jobs weeks after profit boost

Gambling giant Entain, owner of brands including Ladbrokes, Coral, and BetMGM, has launched a consultation process that could eliminate up to one-fifth of its 2,000 customer service roles, despite reporting stronger-than-expected profits in its first half. The move comes just weeks after the FTSE 100 company announced financial gains, raising questions about the rationale behind the planned job cuts. Employees and industry observers are likely watching closely as the company outlines its restructuring plans. Full details on the consultation process and potential next steps remain under review.

Entain, which also owns Coral and BetMGM, starts consultation process over customer care rolesBusiness live – latest updatesThe Ladbrokes owner, Entain, has said it is preparing to cut 400 jobs, only weeks after the FTSE 100 business reported better than expected profit in its first half of the year.The gambling group, which also owns Coral and BetMGM, has started a consultation process that could remove one in five of its 2,000 customer care jobs. Continue reading...