Flutter Entertainment Begins Redundancy Talks in U.K. and Ireland, 220 Jobs on the Line

Flutter Entertainment has started a redundancy consultation in its U.K. and Ireland division, with approximately 220 jobs expected to be lost. The move is part of the company’s shift toward a unified technology platform across its major brands.

As the parent company of brands such as FanDuel, Paddy Power, PokerStars, and Sky Bet, Flutter is under pressure to adapt to a changing regulatory environment while controlling rising costs. The company has not confirmed exactly which roles will be eliminated, but most cuts are expected from tech and product departments.

Good to know

• Flutter’s Leeds headquarters will see most of the job cuts.
• Around 220 roles in tech and product teams are expected to be affected.
• The decision follows rising costs and increasing regulatory pressure.

The company plans to consolidate several of its gambling platforms, starting with Sky Bet moving to the existing Paddy Power Betfair tech infrastructure. This is part of a broader streamlining effort aimed at cutting expenses and improving operational efficiency.

Flutter pointed to financial and regulatory challenges as major reasons for the upcoming layoffs. “As part of a broader strategy to bring some of our brands on to a single tech platform – and against the backdrop of increasing cost and regulatory pressure – we have entered into consultation with a number of colleagues,” said a company spokesperson.

The majority of the cuts are expected to impact Flutter’s Wellington Place headquarters in Leeds, where roughly 1,000 employees are currently based. Fewer than 10 positions are expected to be affected at the Dublin office.

Flutter added that it is actively working with affected staff to explore redeployment options. However, the company acknowledged that “it is likely that some roles will regrettably become redundant later this year.”

The layoffs follow a financial update from Flutter showing modest growth in the U.K. and Ireland market. The division brought in $882 million in revenue for Q1 2025, up just 2% from the previous quarter. Meanwhile, iGaming saw a slightly stronger performance with 9% growth.

Globally, Flutter reported an 8% revenue increase for the quarter. The U.S. remains the company’s largest market, generating nearly $1.7 billion in Q1. Around one-third of Flutter’s 27,000 employees are based in the U.K. and Ireland.

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