Tag: redundancy

Betfair wields the axe

Lots of news stories floating around last week about redundancies at Betfair. Most reports quoted redundancies in the ‘hundreds’. The news first came to light when GamblingCompliance revealed that around 80 jobs had been cut from Betfair’s London headquarters. eGamingReview went on to announce that the total number of redundancies could top 650.

This appears to be part of CEO Breon Corcoran’s attempts to ‘rejuvenate’ the business by cutting £20m in annual expenses as stated in their December analyst call. …