Gala Coral to cut 300 jobs as more bingo halls close
Popular gambling group Gala Coral has announced that it will be cutting 300 jobs as it plans to close a further five bingo halls in a bid to restructure the company. The job cuts are going to mainly affect administrative jobs with 180 job cuts from its finance and marketing departments.
The latest job cuts come after the restructuring of the company last November, in which it changed its five operating divisions into three, with Gala stating that support functions would be handled “centrally rather than through the divisions”.
In a statement, Gala Coral’s chief executive Neil Goulden said: “Having reduced the number of divisions to three, evolution says now what about the HR structure and the finance structure”.
A further 100 jobs will be cut due to the closure of five more bingo halls in Port Glasgow, Leven, Hull St Stephens, Aldridge and Pitsea; these follow last week’s closure of the Gala Bingo hall in Crystal Palace.
Mr Goulden stated that the latest job cuts and bingo hall closures were a direct result of the government’s decision to raise gross profits tax on bingo from 15% to 22%.
Jul 02 2009
