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bet-at-home plans 65 job cuts in Austria amid restructuring

Business

bet-at-home plans to cut 65 jobs at its Austrian subsidiary as part of a restructuring plan approved by its management and supervisory boards, the company said. The move is intended to align costs with lower revenue, while the group cited legal uncertainty in Austria as a main reason for forecasting a negative full-year result.

The planned cuts and Austrian legal uncertainty affect bet-at-home’s costs and outlook in the market.

End-of-day close bet-at-home (ACX), EUR, to 27 January 2022
Story date29 October 202127 January 2022

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