IGT lays off 700 employees, reflecting industry contraction amid macroeconomic uncertainties in the gambling sector.

International Game Technology announced on Monday that it is laying off about 700 people, which accounts for 10% of its global workforce, becoming another gambling company to streamline its staff amid macroeconomic headwinds. The IGT CEO stated in an internal memo that the layoffs are "not performan

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IGT lays off 700 employees, reflecting industry contraction amid macroeconomic uncertainties in the gambling sector.

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IGT lays off 700 employees, reflecting industry contraction amid macroeconomic uncertainties in the gambling sector.

Flutter will close 57 Paddy Power shops in the UK and Ireland, affecting nearly 250 employees.

Flutter focuses on the US market, cutting 220 employee positions in the UK and Ireland, sparking attention.

Cirque du Soleil exec says high costs prompted job cuts in Las Vegas, elsewhere

Better Collective cuts jobs driven by market challenges, eyes future opportunities

Better Collective Cuts Team Due to Business Struggles

Veikkaus to cut up to five jobs as restructuring continues

Catena Media Sheds 29 Jobs as It Seeks to Save $2.40M Per Year