Bingo Giant Gala Coral Group Feeling Effects Of Economy
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Bingo is all the rave. So why is bingo giant, Gala Coral Group cutting even more jobs than the shocking 300 just last month? Gala Coral Group has announced that a cut of 45 employees from the headquarters which runs the marketing of Gala Bingo, UK’s leading online bingo provider will take place and maybe more to come.
They say this is merely an exercise of cutting back on Marketing and Operations departments. Gala Bingo has been trimming the bottom line lately because of huge pressure trying to pay off 2.5 billion in debt. Since the land based bingo halls are crippling, mostly because of the smoking ban, Gala Coral Group has seen a steady decline in revenue.
These latest cuts were very surprising because GalaBingo.com is blowing up and growing month to month, yet all of the cuts were made in the online department. Gala Bingo also just launched a new site, Minxy Bingo, and it will use the Virtue Fusion software, which makes some wonder whether or not this cut is merely an exercise or a way to cut development costs all together by outsourcing to a 3rd party.
