Colorado: Largest Ski Resort Operator In World Announces Mass Layoffs Ahead Of Winter – IOTW Report

Colorado: Largest Ski Resort Operator In World Announces Mass Layoffs Ahead Of Winter

Daily Caller:

The world’s largest mountain resort operator announced Thursday it would eliminate certain positions to save costs even as ski season approaches.

Vail Resorts plans to lay off under two percent of the company’s entire workforce as part of a two-year plan, according to a company news release. The anticipated layoffs would include “14 percent of its corporate workforce and less than 1 percent of the company’s operations workforce.”

Vail Resorts, headquartered in Broomfield, Colorado, employed about 7,600 year-round employees and 44,900-odd seasonal employees in the 2024 fiscal year which ended July 31, 2024, according to a U.S. Securities and Exchange Commission (SEC) filing.
MORE

10 Comments on Colorado: Largest Ski Resort Operator In World Announces Mass Layoffs Ahead Of Winter

  1. “14 percent of its corporate workforce and less than 1 percent of the company’s operations workforce.”
    Sounds like they’re management top heavy.
    And that’s NOT where the money is made.
    Money is made with the feet-on-the-ground workers doing the labor that makes the product (or service), and keeps the customer happy.
    Sounds like boss-man has his head in the right place.

    4

Leave a Reply

Your email address will not be published.