March 14, 2023. Sustainability. Timeline. History Lesson: In 2014, Windstream gave the pink slip to 350 employees (around 5% of their crew). 2022 Mystery: Layoffs in 2022 happened, but we’re not sure how many people were affected. The group operates both online and in the retail sector. ️ #uxui #usercentereddesign #prototypingPhone: +1-718-857-9744. 05bn. 4 billion. Our benefits package. Entain is a multinational sports betting and gaming group. And not just any. Some companies — especially those in the e-commerce sector — nearly doubled their employee headcount to meet consumer demand during the COVID-19 pandemic’s stay-at-home mandates, and now find that they are. By day Eric Lewis is a research scientist weathering the latest rounds of mergers and layoffs and still trying to remember how to be a person again long after surviving grad school. That’s a lot of folks out of work, man. , said in a memo on Jan. In a LinkedIn post, Casey said he will be taking up a role in the private. “The challenge is the Wayfairs and Hydrows are more ‘tweener’ companies. 1. That’s how many employees were cut in major U. It is one of two […] The owner of Ladbrokes and Coral bookmakers has said it is close to “drawing a line” under a scandal at one of its former Turkish business, as it sets aside £585m to settle an investigation. Amazon began layoffs, reportedly affecting as many as 10,000 employees. An ‘It’s Your Game’ Day to take during Christmas. Recession OC. A great way to display loyalty is to share in the hardships of your people. Layoffs likely don't have much to do with you as an individual. But wait, there’s more. If an employee quits their job, they're not paid compensation for length of employment. The company’s first round of cuts marked. Shares down as much as 3%. Goriainoff. The betting operator which owns Ladbrokes and Corals said it would also make a charitable donation of £20 million and pay a £10 million contribution to the HMRC and CPS costs. Seventy-four percent of 1,000 surveyed U. S. History. Global, North America and Latin America Socially Responsible Operator of the Year 2022. 5% of the combined company. Major corporations are laying off their workforce in recent times. Major layoff announcements so far this year include: Google: 12,000. MARKET REPORT: Entain shares in reverse after £585m bribery fine; Cost-cutting Barclays set to axe 2,000 jobs;Find the Entain address. 09 billion ($11. Learn more. Amongst others, the Entain Group (formerly GVC): holds a licence from the Nevada Gaming Commission as the sole shareholder of an interactive gaming service provider licensee, a manufacturer licensee, and as a 50% owner of a licensed joint venture, and as such is subject to the Nevada Gaming Control Act and to the licensing and regulatory control of. S. Despite its stronger results and the great success of its takeover of Tab NZ in New Zealand, it’s letting workers go. UPDATED: CNET, the tech news and reviews site owned by digital media and marketing company Red. Use the arrow keys to change the date, November 22 2023, wednesday. Sure enough, Wayfair’s stock price jumped 20 percent shortly after it announced its most recent round of layoffs. S. If you are at risk of a layoff, trying to wipe out your debt should take a back seat. There’s a time and place to. In February 2023, they announced plans to lay off around 500 employees. S. Entain is a differentiated consumer-focused business operating in a global industry with attractive growth dynamics. U. Recession OC. S. GAMBLING. 5p per share, Entain confirms that this dividend will be paid on 27 April 2023 to shareholders on the register at the close of business on 17 March 2023. We have committed to a reduction of 29. Type: Company - Public (GVC) Founded in 2004. Programs will run in 14 locations across the US in 2020 and 2021, covering New York, New Jersey, Michigan, Ohio, Pennsylvania, Nevada, Tennessee, Illinois, Iowa, Indiana, North Carolina, Colorado, DC, and the New England region. Innovator Award (Entain x Mclaren Returnship programme) - Women in Gaming Diversity Awards 2023. Rating is calculated based on 2 reviews and is evolving. With the company starting 2023 with 8,725 employees, that’s an 11. This morning’s news has seen the company’s share price rebound by close to 3% – however the company faces significant headwinds. The layoffs are set for Oct. The buyouts would cost the company $1. The directors who recommended that deal – and the shareholders who accepted it – may be feeling a little queasy today, looking at Entain’s $22bn price tag. 6 million in restricted funding earmarked for specific purposes and $49. We are Entain, and like our customers, we get excited about the world of sport, gaming and interactive entertainment. The Canadian Press reports the layoffs. Notably. Two of the most formidable players in Australia’s gambling space are making changes that will impact employees. The. Entain, the gambling group that has attracted takeover bids from DraftKings and MGM, has clung on to its double-digit online growth amid a slowdown in gaming revenues as lockdowns have ended. Discussions are ongoing and the lender could ultimately prioritize layoffs in other areas, the report said. 20. . Reiteration of FY2023 EBITDA guidance of £1. 5%. They let go of around 1,100 employees. Entain ratings in Woking. gambling company raised its offer for rival Swedish sports betting firm Enlabs. 9, 2023 Goldman Sachs will lay off more than 3,000 workers across the company, with a focus on the firm’s investment banking unit, as part of company’s effort to prepare for an. A round of layoffs at St. Flexport, a supply chain software startup, will. Kelly Wylie, an office of education spokesperson, said there is $50. 8%) and other (8. 8K in employees and Playtech with 6. Learn more. Layoffs also hit Stripe, Chime, Opendoor. fyi has already tracked upward of 170 companies conducting 55,970 layoffs in 2023. This company is a trap for foreigners starting from salary to visa processing. There’s a glimmer of hope in the darkness. 68%. 10 Aug 2023 2023 Interim Results. A stream of companies have announced layoffs this year as they recalibrate amid concerns about a slowing economy. online sports betting company Entain, people familiar with the matter told CNBC’s David Faber. Shares in Entain ENT, +0. Both A and B O E. Entain also allowed online customers to deposit large amounts without carrying out sufficient source of funds checks. No wonder peeps feel uncertain and anxious about when the ax might fall on them. The cuts are on top of the previously announced layoffs that totaled more than 18,000 employees. But Entain said the offer. For Entain, which owns Ladbrokes and Coral, UBS lowered its targte to1,420p from 1,570p but kept a 'buy' rating while Barclays moved its target to 1,120p from 1,330p before and reiterated an 'overweight' rating. Bank of America – cut 1,000 mortgage jobs in Ohio, closing offices in Beachwood, Cincinnati, and Independence. Layoffs likely don't have much to do with you as an individual. Sept 21 (Reuters) - British gambling firm Entain (ENT. layoffs in January alone—the most in any one month since Forbes started tracking layoffs last summer—including major cuts at. Entain Australia & New Zealand | 8,780 followers on LinkedIn. At Entain, everything we do is aimed at delivering the very best in betting and gaming. 3 Bn. It’s a bit of a question mark. Deflation B. CT — Following the devastating news that Relic Entertainment is being affected by widespread layoffs, the Age of Empires team took to Twitter to assuage player. : The company behind Facebook and Instagram announced in mid-March that it would lay off 10,000 people and cease hiring for 5,000 roles as the firm embarks on a “year of. Use the arrow keys to change the date, End of selection period reached, November 23 2023, thursday. Welcome to the Investor Relations section of the Entain website. According to data from Layoffs. Entain Australia & New Zealand | 8,780 followers on LinkedIn. History Lesson: In 2014, Windstream gave the pink slip to 350 employees (around 5% of their crew). How enjoyable people find their day-to-day life at work. 1,353. According to data from Layoffs. 8 percent. Entain is a sports betting and gaming group operating in the online and retail sectors. 🗣 I am thrilled to update everyone with my new adventure in recruitment! I recently accepted a position at UHY LLP, Certified Public Accountants as the… | 13 comments on LinkedInOur progress. Built on proprietary technology, we bring moments. Google (GOOGL), which for years ranked as the top company to work for in the United States, laid off thousands of workers by e-mail. ' Insulting to the community, which likely is going to notice the paper's decreased resources. Hundreds of Insider employees will walk off the job on Monday morning to protest the company’s plan to lay off 10 percent of its staff, the company’s union announced on Twitter Sunday night. Dividends. 30am EST) on Wednesday 26 th July 2023. Entain Plc, the London-listed gaming company that operates Ladbrokes, is being criticized by a shareholder for its “illogical” decision to fund its acquisition of STS Holding SA with an equity. These figures are given to the Indeed users for the purpose of generalized comparison only. Crown Resorts is shrinking its Crown Sydney property, while online gaming giant Entain is going to cut “up to 80%” of its in-country staff. Below average. Entain PLC (LSE:ENT) has agreed to pay £585 million to settle a bribery probe into its former Turkish business. 25 Mar 2022. Both A and B O E. Be mindful of remaining workers’ concerns. 115 Salaries (for 67 job titles) • Updated Nov 17, 2023. Use the arrow keys to change the date, November 21 2023, tuesday. Entain Foundation. Management can be. Phone Number +350 20078700. 8, 2023, the HR documents say. The St. Q3 performance tracked to EBITDA guidance of £1. Number of employees :. Software engineers are now making up the majority of layoffs. September 30, 2022, 3:50 PM PDT. K. In exchange for selling off the betting operations of the TAB, which is a statutory entity, McAnulty has signed off for an upfront payment from Entain of $150m with a continuing 50/50 split of. Interview. Some days, dozens in one shot. The Entain journey began on 9th December 2020, but our brands have been making history since the 1880s. Fair Value is the appropriate price for the shares of a company, based. Notice of BetMGM H1 2023 update. Entain hopes that by proving it cares about deterring problem gambling, the industry can avoid regulation that might crimp its growth. BetMGM LLC (“BetMGM”), one of the leading sports betting and iGaming operators across the U. Entain, the gambling firm behind Ladbrokes and Coral, could lose its licence to operate in the UK after it was told to pay a record £17m settlement over its inaction as individual customers spent. 28,004 Reviews. An interim dividend of £50m (8. In Illinois, companies with 75 or more full-time employees are required to give notice of a “mass layoff” if 25 or more full-time employees will be laid off and they make up one-third or more of the site, or 250 or more workers are laid off at one site. Layoffs happen when a company needs to reduce its workforce, which means some employees may lose their jobs. “All funds are allocated for specified or designated purposes with no reserves available that are unused,” she told San José. At Entain, everything we do is aimed at delivering the very best in betting and gaming. The data reveals four kinds of workers who are getting laid off the most: 1. Work wellbeing score is Below average, 63 out of 10063. Discover more. Nowhere are the cuts as deep as at Amazon. business leaders with over 500 employees said there will likely be layoffs in their organizations, according to a December Resume Builder report on. 32 Locations. Shares in UK gambling group Entain dropped by as much as 13 per cent on Thursday morning after casino operator MGM Resorts ruled out mounting a second. Now, don’t take our word as gospel, you all. corporations' layoffs in 2023, affecting tech giants like Amazon, Google, and Microsoft. Princeton Strategic Communications. 10000+ Employees. Employees who were let go, some of whom had worked for the company. LISTEN. Entain directors in aggregate, including those of their closely associated persons, hold 665,682 shares. MGM (MGM) made a £8. Salaries posted anonymously by Entain employees. That contributed to the drop in their stock prices too. We are Entain, and like our customers, we get excited about the world of sport, gaming and interactive entertainment. In the United States, employers have a great deal of leeway in conducting layoffs. Type: Company - Public (GVC) Founded in 2004. How we know this. Revenue: $1 to $5 billion (USD) Gambling. 45 EDT. Entain, the global sports betting, gaming, and interactive entertainment group, announces the launch of a unique and innovative multiplayer bingo game, Slingo Bingo, under licence from Gaming Realms. fyi, a survey that keeps score of tech roles in the industry. , jointly owned by Entain plc (LSE: ENT) (“Entain”) and MGM Resorts International (NYSE: MGM) (“MGM Resorts”) will release an update on BetMGM’s H1 2023 performance at 1. In their Q1 2023 earnings report, Verizon mentioned having fewer regular customers. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 31 – Snapchat lays off about 20% of its global workforce of 6,400 workers. Two of the most formidable players in Australia’s gambling space are making changes that will impact employees. m. Carolyn Harris MP called it "absolutely shameful" that. A former non-executive director at Entain, with little experience in the gambling sector, she was drafted into the top job in January 2021, after her predecessor suddenly quit during a takeover bid. 1 day ago · For Entain, which owns Ladbrokes and Coral, UBS lowered its targte to1,420p from 1,570p but kept a 'buy' rating while Barclays moved its target to 1,120p from 1,330p before and reiterated an. Our journey as Entain began when we evolved from GVC Holdings on 9th December 2020, but our brands have been paving the. all directors, officers and employees of Entain wherever situated). “The challenge is the Wayfairs and Hydrows are more ‘tweener’ companies. Filter by year . *I certify that the information given by me on this form is correct and that if I have given false information or deliberately omitted any relevant facts, this could lead to. 5m to finance the initiative over the course of two years. A great way to display loyalty is to share in the hardships of your people. A regular bonus. Amid rumblings of mass layoffs during a pandemic, the company said Aug. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index . May 31 (Reuters) - Ladbrokes-owner Entain Plc (ENT. View analysts price targets for ENT or. But highly visible companies are making job cuts, and that's dominating headlines. Entain, the global sports betting, gaming, and interactive entertainment group, continues its digital transformation of its flagship Ladbrokes and Coral shops in the UK as it celebrates the opening of its 100 th Digi-Hub in. It's Your Game | Welcome to Entain. Entain Partners run a top-notch operation with a rich and diverse selection of brands including Party Casino as well as bwin Casino. offices temporarily in order to implement layoffs that will reportedly. At Entain, we have proudly put sustainability on an equal footing to our growth strategy. On Monday, before news of the. Two other UK firms are worth a mention. 2. When Mandeville explains the effect of declining prices, mass layoffs, and companies struggling to survive in the hive, he is describing which economic event? A. We’ve already committed £100m over the next five years, with a particular eye on four key areas. We embrace our role within society and take the lead on the issues that matter to us: sustainability, diversity, and responsibility. Layoffs create a clear “reputational risk” and “employer brand hit,” says Rick Chen, head of PR for Blind. Regulatory news;2 days ago · Kelly Wylie, an office of education spokesperson, said there is $50. It operates through online and retail channels. The workplace, which opened this week, provides a 500-capacity collaborative workplace for the Group’s content creators, traders, retail and brand teams, who are spearheading the development of. LOUIS — The health insurance giant Centene is planning to lay off roughly 2,000 workers, roughly 3% of its workforce, as its business evolves, the Clayton-based company said. ENTAIN AND MGM RESORTS INTERNATIONAL. Some post on Comparably says 43% of the Prudential crew isn’t sweating these layoffs. Verizon’s stock has gone down about 15% in 2022, while the S&P 500 (a big group of stocks) went down about 13%. Regulatory news;See Entain salaries collected directly from employees and jobs on Indeed. About Entain About Entain . Entain is known mostly for BetMGM, a 50-50 joint venture it formed with MGM Resorts in 2018, shortly after the Supreme Court’s historic PASPA decision on sports betting. Those who survived layoffs watched their friends get laid off, then their workload doubled. Earnings Date. is planning severe job cuts that could ultimately impact up to 20% to 25% of its workforce, or around 50,000 to 66,000 jobs, according to sources. In this latest position his responsibilities included marketing operations, account relationship management and customer service. The Entain Foundation was originally launched in September 2019 to help deliver the Group’s ambition to take the lead on safer betting and gaming and support the communities in which we operate. July 17 (Reuters) - Ladbrokes-owner Entain (ENT. Ladbrokes owner Entain warned on its online net gaming revenues for the third quarter and the full-year on Monday, as the British gambling firm grapples with ongoing regulation in Britain, and. Companies have given various reasons for conducting layoffs. Two ‘Entain and Enhance’ days a year for you to focus on your own development. Aug. Entain is one of the world's largest sports betting, gaming and interactive entertainment groups. Entain was fined 17 million pounds ($21. Layoffs not expected to impact branch staff or investment bankers. Two of the most formidable players in Australia’s gambling space are making changes that will impact employees. It’s not a fun situation for anyone involved. 2 to Oct. Entain, the global sports betting, gaming and interactive entertainment group, has opened a new workplace of the future in Stratford, East London. The betting operator which owns Ladbrokes and Corals said it would also make a charitable donation of £20 million and pay a £10 million contribution to the HMRC and CPS costs. And also there is a lot of salary discrepancies. 8% in early trading in New York, while Entain shares were last down more than 6% on the London Stock Exchange, having fallen as much as 12% earlier. That’s a lot of people, and it can be challenging for those affected. An employee who chooses to be laid off and not be given notice as above and be placed on the recall list may elect to terminate during the. Whether it’s watching your favourite team, beating your mates or experiencing the next big thing, we love exciting moments. Entain partners with Cloudflare to provide 24/7 entertainment to their global customer base. This office is the major Entain Barcelona, Spain area location. It is only when you get your salary that you discover heavily deducted taxes. Verizon’s stock has gone down about 15% in 2022, while the S&P 500 (a big group of stocks) went down about 13%. Higher interest rates typically result in higher costs and weaker sales, which often leads to layoffs. Subscribe to Intellizence to get the complete layoffs, downsizing, job cuts, and hiring freeze data curated from news sources and WARN filings. L) on Monday agreed to acquire U. So far, efficiency has translated into mass layoffs. Ohio-based software maker Hyland is laying off 1,000 employees, or 20% of its workforce. 52 EDT. Shares down as much as 6%. Sept. L) on Monday agreed to acquire U. ENTAIN AND MGM RESORTS INTERNATIONAL. It's now or never. British gambling giant Entain warned that its core profit margins are expected to decrease in 2023 due to its withdrawal from unregulated markets, regulatory headwinds and the increased expenses of wages and energy in the UK. It's Your Game | Welcome to Entain. CNN —. A free inside look at Entain salary trends based on 27 salaries wages for 25 jobs at Entain. In addition to the ARC™ programme, which cuts across the pillars of our Changing for the Bettor strategy, we continue to. 4bn (£16. According to Reuters, these layoffs will include an estimated 600 people from its corporate team, a significant number in that it represents 10% of all corporate jobs at the company. This is an overview of the Entain Barcelona campus or office location. Average Entain Customer Insights Analyst yearly pay in the United Kingdom is approximately £56,947, which is 56% above the national average. On a cold night, don’t leave the fire early and turn command over to a subordinate. Transcript. 3%), Italy (11%), Europe (22. Entain is known mostly for BetMGM, a 50-50 joint venture it formed with MGM Resorts in 2018, shortly after the Supreme Court’s historic PASPA decision on sports betting. The layoffs were earlier reported by Semafor and CNBC. Discover more. They don’t tell you about taxes applied when you get your job offer. WORK180 Endorsed Employer for All Women 2023. List of Partners (vendors) Thousands of Kenyans will be rendered jobless should the government’s policies on taxes and the increased value added tax on fuel are not. 80. Both B and C A Confucian government would emphasize large-scale production for the purpose of creating jobs;. The changing environment will result in “a small number of redundancies” of positions in Australia. Entain, shares of which fell 1. Question: When Mandeville explains the effect of declining prices, mass layoffs, and companies struggling to survive in the hive, he is describing which economic event? A. Sports betting company DraftKings Inc shelved its $22 billion buyout of British rival Entain Plc last month to focus on its core U. Under the terms of that offer, Entain stakeholders would have received 0. Entain Australia to layoff 10% of local workforce Entain Australia to layoff 10% of local workforce – 5 Star iGaming Media People NewsBank of America – closed home lending office in Marlton, NJ, 136 layoffs. market, Chief Executive Officer Jason Robins said on Friday. See reviews, salaries & interviews from Entain employees in MISSING VALUE. Yet there. 00 out of 5 stars. 26 Jan 2023 2022 FY BetMGM Business Update. But let’s take a closer look at the numbers we do have. Story. Crown Resorts is shrinkage its Crown Sydney property, patch online gaming monster Entain is sledding to thinned “up to 80%” of its in-country staff. here are some of the highlights from the layoff scenario around the globe. Entain’s share price fell almost 13 per cent to below £14 in morning trading, before recovering slightly to £14. Microsoft CEO Satya Nadella arrives at court in San Francisco, June 28, 2023. Tech-industry job cuts. linkedin; twitter; facebook. 11 it will cut 500 global jobs as the result of a $91 million restructuring at the end of 2022. Investment calculator; Share price look-up. 02 Nov 2023 2023 Q3 Trading and Business Update. Tech layoffs hit 63,000 in the first two months of the year, according to data from Challenger, Gray & Christmas Inc. In the U. Entain Foundation US will provide $2. He has conducted two. More than 50,000 workers in tech lost their jobs in November, up from 12,600 in October, according to Layoffs. 12 July 2023. OPERATOR. CNET Hit by Mass Layoffs but Says Cuts Are Unrelated to Use of ‘Emerging Technologies’ Like AI. 4% to 1,455 pence in early trade, reiterated that MGM’s proposal of 1,383 pence per share significantly undervalued the company. Crown Resorts is shrinking its Crown Sydney property, while online gaming giant Entain is going to cut “up to 80%” of its in-country staff. 10% most volatile stocks in GB Market. fyi, a site tracking layoffs since the start of the pandemic, tech companies slashed more than 244,000 jobs in 2023 alone — compared to during the pandemic, when. , 3,000 individuals will lose their jobs. Google’s parent company, Alphabet, recently announced that it would lay off around 12,000 people, 6 percent of its work force. Nov 02, 2023. Our journey as Entain began when we evolved from GVC Holdings on 9th December 2020, but our brands have been paving the. Learn more about life at Entain via our blog posts and news articles. 2022 Mystery: Layoffs in 2022 happened, but we’re not sure how many people were affected. fyi, a site tracking layoffs since the start of the pandemic, tech companies slashed more than 244,000 jobs in 2023 alone — compared to during. It has asked MGM for more. Mayer Brown only acknowledged its first round of layoffs after a popular legal blog, Above the Law, posted rumors of them. Microsoft slashes 10,000 jobs, the latest in a wave of layoffs. Billed annually at $131. Amazon announced a fresh round of layoffs Monday, eliminating an additional 9,000 employees after the e-retailer cut more than 18,000 jobs in January. The owner of Ladbrokes, Entain, has been accused of “dishonest” lobbying after it funded an operation mobilising people to complain to their MP. CVS had some layoffs in recent years. A stake in our success though our ShareSave scheme. The move would give DraftKings a fast. Meta told its North America-based employees to work from home Wednesday as it began a second round of layoffs that will immediately cut 4,000 jobs — part of a plan to eventually cull 10,000 jobs. Entain Careers and Employment. Aug 23, 2023 – 3. 2:10pm: Entain pays £585 million to settle Turkish bribery probe. Layoffs are hitting the retail sector, primarily impacting corporate employees. That’s a lot of people, and it can be challenging for those affected. -based Angstrom Sports for a potential consideration of up to 203 million pounds ($266 million) as it looks to. is a large multinational telecommunications conglomerate with the main office located in Dallas, Texas. Topline. Discover more. It's Your Game | Welcome to Entain. Voluntary Tender Offer Document (Polish) Voluntary Tender Offer Document (English) 14 June 2023. It was viewed 217 times while on Public Inspection. 0. The online marketplace said in February it would cut 500 jobs, or about 4% of its global workforce, according to an internal email included with a securities filing. 4 months process. The facade of the Crown Sydney property in Australia. The article sheds light on the implications for Centene workers nearing retirement and existing retirees, exploring challenges faced by industries such as retail, media, and manufacturing. The cuts represent roughly 2. Companies are required by the state to notify the state of mass layoffs, i. They let go of around 1,100 employees. ; 10% of people with changing schedules report getting two weeks notice. Here’s a list of some of the layoffs that may affect North Carolina workers that occurred in August: Aug. Inflation D. 1. Entain PLC (Entain), formerly GVC Holdings, is a multi-national sports betting and gaming group. Crown Resorts is shrinking its Crown Sydney property, while online gaming giant Entain is going to cut “up to 80%” of its in-country staff. Layoff: 1. October 23 Two rounds of layoffs at Ford affected 67 employees at a Michigan axle plant and another 364 at plants in Michigan and Ohio, the Detroit Free Press reported, bringing the automaker’s. More than 7,000 verified Twitter employees have joined in total, or a vast majority of the company’s total headcount before Musk began mass layoffs, according to data shared with CNN. This is equivalent to 0. 21. Entain PLC (LSE:ENT) has agreed to pay £585 million to settle a bribery probe into its former Turkish business. Ladbrokes owner Entain (ENT. 32 Locations. Erik Gibbs Read More Two of the most formidable players in Australia’s gambling space are making changes that will impact employees. S. Entain | 118,631 followers on LinkedIn. Bally's Interactive. Entain | 118,631 followers on LinkedIn. ★ Scouted, signed, and. According to Reuters, these layoffs will include an estimated 600 people from its corporate team, a significant number in that it represents 10% of all corporate jobs at the company. Crown Resorts is shrinking its Crown Sydney property, while online gaming giant Entain is going to cut “up to 80%” of its in-country staff. This doesn’t mean every layoff is legal, however. Entain said its board is carefully considering the offer. Speaking on the layoffs, a Cars24 spokesperson told Inc42, “This is business as usual – performance-linked. Grace Mayer. Entain is a bigger, better company. UK gambling group Entain has warned of a fall in online gaming revenues, blaming the drop on reforms designed to make the industry safer and on recent unfavourable sports results. Between January and October 2022, nearly 92,000 employees were laid off in the tech.