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Vail Resorts cuts 14% of corporate staff
Vail Resorts cuts 14% of corporate staff as both visitor and snowfall levels drop
Vail Resorts is cutting 14 percent of its corporate staff as its revenue tumbles. The layoffs are expected to save the company $100 million over the next
Vail Resorts to lay off corporate employees as losses mount
Vail Resorts plans to lay off 14% of its corporate workforce and about 1% of its operations staff as part of a two-year “transformation plan” aimed at reversing downward revenue and earnings trends.
Vail Resorts Fires 14% of Corporate Staff
Vail Resorts, the world’s largest owner of ski resorts, is letting go 14% of its corporate employees and less than 2% of its total workforce as part of an efficiency drive after reporting a widening loss in the final months of fiscal 2024.
4h
on MSN
Vail Resorts Cutting Jobs as Losses Mount
Key Takeaways Vail Resorts announced a "transformation plan" that will include cutting 14% of its corporate workforce.CEO ...
2h
Vail Resorts Stock Down on Q4 Earnings Miss, Revenues Top
MTN's fiscal fourth-quarter performance reflects a decline in skier visits owing to unfavorable weather conditions.
6h
Vail Resorts: Strategic Transformation Amidst Weather Woes And Market Pressures
Vail Resorts' Q4'24 results show strategic efforts to address weather and labor challenges, with the Resource Efficiency ...
5h
Vail Resorts: Major EPS Miss in Q4
Vail Resorts reported weak Q4 earnings, with several significant metrics worsening year over year.
2h
Why Vail Resorts (MTN) Shares Are Sliding Today
Shares of luxury ski resort company Vail Resorts (NYSE:MTN) fell 6.3% in the morning session after the company reported third ...
2h
Truist Financial Reaffirms Their Buy Rating on Vail Resorts (MTN)
Truist Financial analyst Patrick Scholes maintained a Buy rating on Vail Resorts (MTN – Research Report) today and set a price target of ...
sgbonline
21h
Vail Resorts Pass Sales Kept 23/24 Lift Sales Positive; Fewer Visits Hurt Retail and Rentals
Resort Reported EBITDA was $825.1 million for fiscal 2024, which included an $11.1 million negative impact related to ...
22h
on MSN
Vail Resorts to undertake business transformation, cut workforce; reports FQ4 results
In an effort to increase the efficiency of its resources, and improve the scale of its operations, Vail Resorts (NYSE:MTN) is ...
2h
Barclays Sticks to Its Sell Rating for Vail Resorts (MTN)
Barclays analyst Brandt Montour maintained a Sell rating on Vail Resorts (MTN – Research Report) today and set a price target of $155.00.
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