{"id":254,"date":"2024-06-27T05:30:52","date_gmt":"2024-06-27T02:30:52","guid":{"rendered":"https:\/\/comicplaycasinonodepositbonus.icu\/2024\/06\/27\/catena-media-to-cut-jobs-in-europe-as-part-of-restructuring\/"},"modified":"2024-06-27T05:30:52","modified_gmt":"2024-06-27T02:30:52","slug":"catena-media-to-cut-jobs-in-europe-as-part-of-restructuring","status":"publish","type":"post","link":"https:\/\/comicplaycasinonodepositbonus.icu\/2024\/06\/27\/catena-media-to-cut-jobs-in-europe-as-part-of-restructuring\/","title":{"rendered":"Catena Media to Cut Jobs in Europe as Part of Restructuring"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/NWM4HXBbdDs\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Catena Media is meticulously examining its European gambling and casino operations. They plan to discuss potential job cuts with employees in the United Kingdom and Malta.<\/p>\n<p>Catena Media initiated an evaluation of certain business units in May, including AskGamblers and its financial trading division. They considered divesting these segments.<\/p>\n<p>Currently, they are scrutinizing all their remaining European gambling ventures.<\/p>\n<p>They attributed the recent struggles of these businesses to stringent regulations implemented in countries such as the United Kingdom, Netherlands, Germany, and Sweden. These nations have introduced new rules governing online casinos.<\/p>\n<p>Catena Media indicated they are assessing the performance of their European operations and aim to enhance profitability in the region. <\/p>\n<p>This transformation aims to liberate resources, seize the rapidly expanding market in North America, and capitalize on growth in the Asia-Pacific and Latin American regions. This will empower the organization and its stakeholders to maximize their financial returns.<\/p>\n<p>As part of this evaluation, the company has initiated discussions with personnel regarding potential job reductions in the United Kingdom and Malta.<\/p>\n<p>The company anticipates achieving annual cost savings of \u20ac5 million through the implementation of changes based on the review. They intend to disclose their findings in September.<\/p>\n<p>Subscribe to the iGaming News Bulletin <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catena Media is meticulously examining its European gambling and casino operations. They plan to discuss potential job cuts with employees in the United Kingdom and Malta. Catena Media initiated an evaluation of certain business units in May, including AskGamblers and its financial trading division. They considered divesting these segments. Currently, they are scrutinizing all their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Catena Media Cuts Jobs in Europe: Gambling Operations Under Review<\/title>\n<meta name=\"description\" content=\"Catena Media is reviewing its European gambling operations, potentially leading to job cuts in the UK and Malta. 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