Big Layoffs At Bodog
After reports circulated earlier this week that 70 employees had been made redundant at Bodog’s UK headquarters, the site yesterday confirmed their validity in a statement issued to PokerNews while citing a restructuring effort as the reason for the shake-up.
The news comes as the latest chapter in what has been a rocky few months for the company in 2012, with founder Calvin Ayre being indicted for money laundering and operating an illegal gambling business in the US and being forced to close down Bodog’s operations in Costa Rica.
Though all of the Costa Rican employees were assured that they would receive full severance pay, the manner in which they were all let go followed by the wholesale changes in the UK paints a worrying picture for the company, though Bodog remain confident that they will soon restabilise.
“In the UK we have undertaken a long period of market analysis and we are now starting to adapt our product to fall in line with those findings,” a Bodog representative told PokerNews on Wednesday. “We feel we now have a better understanding of what the UK customer wants and the focus now is on restructuring our business to be better placed to put that information into practice”.