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Vail Resorts Cutting Jobs
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 Kirsten Lynch called the changes a "natural progression" as the ski resort operator grows.
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.
Yahoo Finance
6h
Vail Resorts Reports Mixed Q4 Results, Announces $100 Million Transformation Plan
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Vail
Resorts
, Inc.
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 ...
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 ...
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 ...
5h
Analyst Scoreboard: 4 Ratings For Vail Resorts
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $203.75, along ...
bovnews
23h
Vail Resorts, Inc.’s Stock Drama: Could This Be a Game-Changer for MTN Investors?
Vail Resorts, Inc. (MTN) stock saw a decline, ending the day at $182.76 which represents a decrease of $-5.56 or -2.95% from the prior close of $188.32. The stock opened at $189 and touched a low of ...
23h
Vail Resorts (NYSE:MTN) Posts Q2 Sales In Line With Estimates
Luxury ski resort company Vail Resorts (NYSE:MTN) met Wall Street’s revenue expectations in Q2 CY2024, but sales fell 1.6% ...
6d
Vail Resorts CEO Eyes More Alpine Acquisitions After Snapping Up Crans-Montana and Andermatt
The world’s largest ski resort operator is looking to snap up more Alpine stations in Europe, in an expansion partly driven ...
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