Vail Resorts to cut 14% of corporate staff
Vail Resorts Fires 14% of Corporate Staff
Vail Resorts, the world’s largest owner of ski resorts, is letting go 14% of its corporate employees and less than 2% of its total workforce as part of an efficiency drive after reporting a widening loss in the final months of fiscal 2024.
Vail Resorts plans to lay off 14% of corporate workers within 2 years
Broomfield-based Vail Resorts announced to investors on Thursday that it would lay off 14% of its corporate workforce and under 1% of its operations workforce.
Vail Resorts to fire 14% of corporate staff
During its most recent earnings call, Park City Mountain owner Vail Resorts’ announced its cutting some jobs to create revenue.
Vail Resorts to lay off 14% of corporate workforce
Vail Resorts announced Thursday it will be laying off 14% of its corporate workforce as part of a cost-savings plan. The Broomfield-based company said in a release shared by PR Newswire that the two-year Resource Efficiency Transformation Plan "is designed to improve organizational effectiveness and scale for operating leverage as the company grows.
Vail Resorts to cut 14% of corporate staff after Q4 losses
Vail Resorts cut 14% of its corporate staff following a $175.4 million loss in its fourth quarter, the company announced on its quarterly earnings call. The cutbacks are part of a two-year plan to help the company improve efficiency and organizational effectiveness through scaled operations,
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Vail Resorts details two-year transformation strategy
The plan is designed to improve organisational effectiveness and scale for operating leverage as the company grows.
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