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Arsenal’s latest cost-cutting plans put up to 60 jobs at risk

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According to The Telegraph , Arsenal staff have been told the club is planning up to 60 redundancies as part of a cost-cutting/efficiency programme. The proposals appear to follow an audit by consultants BCG.

CEO Richard Garlick shared the news this morning, confirming that the football department, The Arsenal Foundation and the security department would be exempt from the cuts.

It is the second round of large-scale redundancies since KSE took full ownership of Arsenal, although the circumstances are very different. In 2020, the club made 55 staff redundant amid the fallout from the Covid-19 pandemic, despite first-team players and coaches agreeing to a temporary 12.5% wage cut just months earlier .

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Arsenal’s latest cost-cutting plans put up to 60 jobs at risk
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According to The Telegraph, Arsenal staff have been told the club is planning up to 60 redundancies as part of a cost-cutting/efficiency programme. The proposals appear to follow an audit by consultants BCG.

Source excerpt · Arseblog News

Read original report ↗

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