Brief: Bally's Corp Plans To Reduce Interactive Workforce By 15%

Bally's

18/01/2023 23:06

Jan 18 (Reuters) - Bally's Corp  BALY.N :
    * BALLY'S CORP - PLAN INCLUDES A REDUCTION OF THE COMPANY’S
CURRENT INTERACTIVE WORKFORCE BY UP TO 15 PERCENT
    * BALLY'S CORP - ANNOUNCED A RESTRUCTURING PLAN OF
INTERACTIVE
BUSINESS INTENDED TO REDUCE OPERATING COSTS
    * BALLY'S CORP - ESTIMATES WILL INCUR BETWEEN ABOUT $10
MILLION -
$15 MILLION IN CASH SEVERANCE COSTS IN CONNECTION WITH PLAN
    * BALLY'S CORP -  EXPECTS TO INCUR CASH SEVERANCE COSTS IN
CONNECTION WITH PLAN IN Q1 OF 2023

Source: (shorturl.at/HKOTX)
Further company coverage:  BALY.N 
 ((Reuters.Briefs@thomsonreuters.com;))