Redundancy proceedings at 888


Up to forty Gibraltarians employed by online gambling group 888.com could lose their jobs as the company commences the consultative process that is part of redundancy proceedings for certain staff this week.

Tough economic conditions have been blamed for the need to cut back and start the 60 day consultative period, the Gibraltar Chronicle reports.

In answer to Chronicle questions a 888.com spokesman said: “As a result of the unprecedented recessionary environment since September 2008 and foreign exchange volatility 888 was forced, reluctantly, to take defensive actions and reduce its cost base, including [initiating the] redundancy process. 888 remains committed to its customers, employees and business partners as ever and remains a major employer in Gibraltar.

“We are talking around 40 employees. It is ‘up to’ and we have 60 days of consultation period that might change the numbers.”

PartyGaming cut staff in Gibraltar late last year.

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account
 
 

What's going on right now!

4mins ago someone from Italy Italy read article 32Red Partnership With ITV

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

  • New Members
    33
  • Members Online
    271
  • Guests
    1,957
  • New Posts
    203

Totals

Casino Of The Month

Casino of the Month

Casino Software

Highest Community Rated Online Casinos
Bet365 Games
  (32 Ratings)
138SunGame
  (24 Ratings)
NextCasino
  (48 Ratings)
CasinoLuck
  (88 Ratings)
Lucky Live Casino
  (21 Ratings)
Jackpot Party
  (32 Ratings)
Sin City Casino
  (33 Ratings)
Betsson Casino
  (72 Ratings)
Norskespill
  (19 Ratings)
Spin Palace Casino
  (52 Ratings)
SuperLenny
  (13 Ratings)
Fonecasino
  (29 Ratings)
Casino Royale24
  (63 Ratings)
Thrills Casino
  (33 Ratings)
Smart Live Casino
  (26 Ratings)
Slots.lv
  (23 Ratings)
Guts Casino
  (68 Ratings)
Casino Evolution
  (25 Ratings)
MonacoAces Casino
  (29 Ratings)
Monte-Carlo® Casino
  (19 Ratings)
SpilleAutomater
  (17 Ratings)
Whitebet Casino
  (31 Ratings)
Betsafe Casino
  (46 Ratings)
MadAbout Slots
  (18 Ratings)
Sky Vegas
  (18 Ratings)
Ladbrokes Casino
  (54 Ratings)
Luxury Casino
  (21 Ratings)
Liberty Slots Casino
  (39 Ratings)
BETAT Casino
  (51 Ratings)
VikingSlots
  (10 Ratings)