Flutter plans UK restructuring as it prepares for higher taxes
People moves1 min read
Flutter chief executive Dan Taylor said the company’s UK restructuring, which will cut around 1,400 jobs, is intended to protect its consumer offering. Taylor also discussed the group’s opportunity in market-making in prediction markets, according to the report.
Flutter chief executive Dan Taylor said the decision to cut around 1,400 jobs will allow the group to protect its consumer offering. Taylor described the UK restructuring as a step that would "set us up to win in a post-tax environment".
Taylor also restated the group's view of the market-making opportunity in prediction markets, according to the report.