Playing Bingo: Gala Coral Jobs Go In Restructuring

Monday, November 17, 2008

Gala Coral Jobs Go In Restructuring

The Times had a report on some major changes at Gala Coral. The private equity company behind Gala Bingo are restructuring to improve their financial position and shedding up to 200 jobs as a part of the process. The move will see their five divisions cut down and rejigged to 3 - gaming, retail betting and remote gambling. I'm guessing that retail Bingo will live in the gaming sector and the online site and TV channel will find themselves under the remote gambling sector, though don't quote me on that. It sounds like a positive and proactive move on Gala's part, but it's always sad to see jobs go. The cuts represent 1% of the groups total staff (around 20,000).

Posted at 11:48 AM |

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