
Image via SBC News
Last updated
Entain: Layoffs
Entain announced 500 job cuts (~2% of workforce) across corporate functions, product and technology teams, reversing earlier claims of no planned redundancies. Driven by UK remote gaming duty increase from 21% to 40% (April 2026) and strategic cost-cutting to offset £200m+ tax impact.
Source: SBC News
The leadership read
Workforce moves like this mark the contracting side of other hiring conditions.
Market context: Backdrop: a 107.2 (Hot) Talent Market Index (down 1.8 on the month) with EMEA activity easing (-6.4pts).
Entain: 5 signals in the last 90 days — above the Other median of 1 across 7 tracked companies; 0.4% of MitchelLake's Asia signal flow; 5 tracked across 67 days.
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From the MitchelLake archive
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