Cuts expected as allotment of deal worth up to £3.9bn that would create UK’s biggest gambling companyThe takeover of Ladbrokes Coral by GVC,the Isle of Man-based firm behind Foxy Bingo, could trigger up to 1600 job losses, and the companies said,as they published fresh details of a deal worth up to £4bn.
Online casino company GVC and bookmaker Ladbrokes said up to 6% of their combined 26800 workforce – around 1608 staff – could lose their jobs. Most would be in the UK but the cuts are not expected to affect staff until next yearContinue reading...
Source: guardian.co.uk