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Stock impact report

Vail Resorts To Lay Off 64 Corporate Employees [Yahoo! Finance]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The impacted roles were detailed in a Worker Adjustment and Retraining Notification Act (WARN) notice submitted by Vail Resorts Wednesday, and include positions like “Coordinator: HR Shared Services,” and “Specialist: HR Generalist.” The first layoffs are expected to begin June 2 and the operating unit will likely be closed permanently, according to the WARN notice. Want to keep up with the best stories and photos in skiing? Subscribe to the new Powder To The People newsletter for weekly updates. The pending layoffs weren't unexpected. They were addressed in September 2024, when Vail Resorts shared plans to trim less than 2% of its total workforce as one measure associated with the “Resource Efficiency Transformation Plan.” The September news release detailing the strategy said that the eliminations would include 14% of Vail Resorts' corporate workforce and less than 1% of its operations workforce, with 0.2% impact on frontline roles. "No matter how big or small the impact Show less Read more
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