Vail Resorts announces layoffs as part of two-year ‘transformation plan’
Vail Resorts, which operates five Colorado ski resorts, announced on Thursday it will lay off 14% of its corporate workforce as part of a two-year plan to “transform the company.”
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 Cut 14 Percent of Corporate Workforce in Transformation Plan
“We believe this is a natural progression and next step for our company that builds upon our success and paves the way for the next phase of growth,” said Kirsten Lynch, CEO, Vail Resorts. “Our mission, to create an Experience of a Lifetime for our employees and our guests, galvanizes our company, as does our commitment to reinvesting for growth.”
Vail Resorts to lay off 14% of corporate workforce
BROOMFIELD, Colo. — Vail Resorts announced Thursday it will be laying off 14% of its corporate workforce as part of a cost-savings plan.
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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