Entain Plans 20 Percent Job Cuts Over Tax Fears
Ladbrokes owner Entain plans to cut about 20 percent of its customer care roles following previous gaming duty increases. The company warned British Prime Minister Andy Burnham that further tax hikes would threaten high-street operators.
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Entain plc will cut 400 customer care roles, or 20% of that workforce, following tax hikes in the United Kingdom. The Ladbrokes owner revealed the upcoming layoffs in a letter to Prime Minister Andy Burnham on Wednesday morning. The cuts arrive as the gambling sector faces potential new duties on slot machines ahead of the October budget.
