Betting giant Flutter to cut up to 1,400 jobs to mitigate UK tax hike impact
FLUT•Flutter Entertainment plans to cut up to 1,400 jobs in a UK and Ireland-focused restructuring to mitigate UK gambling tax increases. The plan is expected to cost $80 million to $90 million, with charges in the fourth quarter of 2026.
1. Job cuts and locations
Flutter Entertainment said it will cut up to 1,400 jobs in a UK and Ireland-focused restructuring. The affected staff include employees in Leeds and Dublin, as well as UK and Ireland employees at hubs in Porto, Portugal, and Cluj-Napoca, Romania.
2. Expected restructuring costs
Flutter expects the plan to cost between $80 million and $90 million, with the charges incurred in the fourth quarter of 2026.
