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Crown Resorts reportedly slashing another 194 jobs

Newsdesk by Newsdesk
Tue 5 Mar 2024 at 19:29
Ciarán Carruthers: Crowning glory
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Australia’s Crown Resorts will shed 194 jobs as part of an ongoing restructure of the business, according to a report by Australian Associated Press (AAP).

The latest job cuts, which follow a cull of 95 staff at Crown Sydney late last year, are said to be across a range of areas within the company, the majority of which will be at Crown Melbourne.

“As we enter the next phase of our transformation, we are reviewing our business to ensure we have the right structure to realise these plans,” AAP quoted a Crown spokesperson as saying.

“This will impact some of our team members and we are working closely with them and their unions on their options through consultation which includes redeployment into other roles.”

However, the report suggests all impacted employees will be offered the opportunity to be redeployed to other areas of the business.

Crown, which employs around 30,000 staff across its integrated resorts in Melbourne, Sydney and Perth, has faced a number of challenges in recent months, with heightened regulatory restrictions and a ban on Asian junkets seeing Crown Sydney shut one of its two gaming floors and reduce the operating hours of the other.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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