{"id":97816,"date":"2019-02-06T12:06:33","date_gmt":"2019-02-06T20:06:33","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=97816"},"modified":"2019-02-06T12:06:33","modified_gmt":"2019-02-06T20:06:33","slug":"ladbrokes-planning-for-5000-redundancies-1000-shop-closures","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/","title":{"rendered":"Ladbrokes Planning for 5,000 Redundancies, 1,000 Shop Closures Over Next Two Years"},"content":{"rendered":"

Britain\u2019s biggest retail bookmaker, Ladbrokes Coral, is preparing to close 1,000 outlets, leading to 5,000 redundancies throughout the UK, according to a leaked internal memo seen by The Guardian<\/em> newspaper.<\/p>\n

\"Ladbrokes\"
Ladbrokes warned that FOBT reforms would result in job losses, but many are unhappy with its proposed method of deciding redundancies, which will pit employees against one another in a bid to sign up land-based customers for online. (Image: Singer Vielle)<\/figcaption><\/figure>\n

A spokesperson for the bookmaker said the shop closures — equating to around 30 percent of its retail properties — were \u201can inevitable outcome of the changes to FOBT [fixed-odds betting terminal] regulation.\u201d<\/p>\n

The betting industry had long warned that regulatory reforms reducing the maximum stakes of the machines from \u00a3100 per spin to just \u00a32 would result in job losses. The retail sector had come to rely on the machines for more than 50 percent of their profits and — as the biggest high-street bookmaker — Ladbrokes is most exposed to the economic fallout from the reforms, which are due to come into effect in April.<\/a><\/p>\n

Fight for Online Registrations<\/strong><\/h2>\n

But the GVC-owned company<\/a> has received criticism for the way it proposes to decide who gets the axe and who doesn\u2019t. According to the leaked memo, redundancies will be decided by a ranking system, with employees competing against each other to retain their jobs.<\/p>\n

Customer service managers, for example, will be judged on their performance in an online test (40 percent of their score), a face-to-face interview (20 percent), and past disciplinary record (10 percent).<\/p>\n

The remaining 30 percent will be based on how many new sign-ups for online betting accounts they can generate from their land-based customers.<\/p>\n

Ladbrokes employees are particularly unhappy with large percentage assigned to the final criteria because they believe it favors those working in busier areas, leading some in quieter regions to believe they don\u2019t have a chance, regardless of their professional competence.<\/p>\n

\u2018New Plan Needed\u2019<\/strong><\/h2>\n

\u201cThe company\u2019s consultation document has caused real concern among our members, with many believing that decisions have already been made to target those workers in betting shops outside the city centres,\u201d said Tom Blenkinsop, operations director at Community, the betting shop workers union.<\/p>\n

\u201cLadbrokes must immediately engage with Community\u2026 to see if an alternative plan can be found to avoid job losses. The government also has a role to play, and must look at what support they can offer to workers whose jobs are at risk as an unintended consequence of changes to the law.\u201d<\/p><\/blockquote>\n

But Ladbrokes told The Guardian<\/em> that the consultation process was \u201cfair and transparent\u201d and was aimed at keeping as many shops open as possible and job losses to a minimum.<\/p>\n

It is committed to building \u201ca responsible and vibrant multi-channel environment in our shops where customers can transact with us seamlessly in our shops or online,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Britain\u2019s biggest retail bookmaker, Ladbrokes Coral, is preparing to close 1,000 outlets, leading to 5,000 redundancies throughout the UK, according to a leaked internal memo seen by The Guardian newspaper. A spokesperson for the bookmaker said the shop closures — equating to around 30 percent of its retail properties — were \u201can inevitable outcome of […]<\/p>\n","protected":false},"author":36,"featured_media":97819,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,13592,1074],"tags":[],"acf":[],"yoast_head":"\nLadbrokes Planning for 5,000 Redundancies, 1,000 Shop Closures<\/title>\n<meta name=\"description\" content=\"Ladbrokes memo shows the GVC subsidiary is preparing for 5,000 redundancies and to close around 30 percent of its retail betting outlets within the next two years\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ladbrokes Planning for 5,000 Redundancies, 1,000 Shop Closures\" \/>\n<meta property=\"og:description\" content=\"Ladbrokes memo shows the GVC subsidiary is preparing for 5,000 redundancies and to close around 30 percent of its retail betting outlets within the next two years\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-06T20:06:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/ladbrokes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/\",\"url\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/\",\"name\":\"Ladbrokes Planning for 5,000 Redundancies, 1,000 Shop Closures\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/ladbrokes.jpg\",\"datePublished\":\"2019-02-06T20:06:33+00:00\",\"dateModified\":\"2019-02-06T20:06:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Ladbrokes memo shows the GVC subsidiary is preparing for 5,000 redundancies and to close around 30 percent of its retail betting outlets within the next two years\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/ladbrokes-planning-for-5000-redundancies-1000-shop-closures\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/ladbrokes.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/02\/ladbrokes.jpg\",\"width\":1200,\"height\":675,\"caption\":\"Ladbrokes warned that FOBT reforms would result in job losses, but many are unhappy with its propose method of deciding redundancies, which will pit employees against one another in a bid to sign up land-based customer for online. 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