{"id":10515,"date":"2026-03-24T06:42:20","date_gmt":"2026-03-24T06:42:20","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/03\/24\/igt-to-cut-around-700-jobs-worldwide\/"},"modified":"2026-03-24T06:42:20","modified_gmt":"2026-03-24T06:42:20","slug":"igt-to-cut-around-700-jobs-worldwide","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/03\/24\/igt-to-cut-around-700-jobs-worldwide\/","title":{"rendered":"IGT To Cut Around 700 Jobs Worldwide"},"content":{"rendered":"<div>\n<p>IGT is cutting about 700 jobs across its global business, according to an internal memo sent Monday by chief executive Hector Fernandez. The reduction follows a review of operations after the combination of IGT gaming and digital business with Everi Holdings Inc.<\/p>\n<p>Good to Know<\/p>\n<p>IGT is reducing its global workforce by about 700 employees.<br \/>\nA report said the cuts affect roughly 10% of total staff.<br \/>\nHector Fernandez said the company is trying to simplify structure and cut duplication.<br \/>\nIGT Cuts Jobs as Post Merger Review Reshapes Business<\/p>\n<p>A fresh round of restructuring is underway at International Game Technology Plc. In a memo to staff, Hector Fernandez said IGT will reduce its global workforce by about 700 employees as management works to align resources with current business priorities.<\/p>\n<p>The cuts were first reported by the Las Vegas Review-Journal, which said the layoffs would affect around 10% of total staff. 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Current IGT was formed through the combination of IGT Plc gaming and digital business and fintech specialist Everi Holdings Inc in a deal worth about $6.3 billion involving funds linked to Apollo Global Management Inc. The <a href=\"https:\/\/igaming.org\/casino-news\/apollo-funds-officially-acquire-igt-and-everi\/\">transaction closed<\/a> in July last year.<\/p>\n<p>Fernandez said leadership spent the last few months reviewing the business and making what he described as decisions to strengthen it.<em> \u201cWe examined where we focus, how we operate, and how our structure supports our strategy,\u201d<\/em> Mr Fernandez stated.<\/p>\n<p>From there, the review turned into job cuts. <em>\u201cAs part of that review, we also had to make some difficult decisions about how our organisation is structured, and this work has led to a difficult but necessary step,\u201d<\/em> he added.<\/p>\n<p>He also said a large part of the heavy lifting has already been done. 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Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Management is framing the layoffs as part of a broader efficiency plan rather than a one-off cost action. <em>\u201cThe changes we are announcing today are part of that effort to simplify our structure, reduce duplication, and enable us to move with greater clarity and speed,\u201d<\/em> he noted.<\/p>\n<p>Workers affected by the layoffs will receive support packages, according to the memo.<em> \u201cFor those leaving IGT as part of this action, we are committed to providing severance, outplacement support and transition resources,\u201d<\/em> the CEO stated.<\/p>\n<p>Fernandez also tried to focus attention on what comes next for the company and the remaining workforce. He added:<em> \u201cWhat matters now is how we move forward together: supporting one another, focusing on our priorities and continuing the work that will define the next chapter of our company.\u201d<\/em><\/p>\n<p>He closed with a message aimed at customers and execution. The leaner IGT, he said, <em>\u201cwill continue to drive innovation, execute our strategic priorities, and deliver the high-quality service our customers expect,\u201d<\/em> Mr Fernandez concluded.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/igt-to-cut-around-700-jobs-worldwide\/\">IGT To Cut Around 700 Jobs Worldwide<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>IGT is cutting about 700 jobs across its global business, according to an internal memo sent Monday by chief executive Hector Fernandez. The reduction follows a review of operations after the combination of IGT gaming and digital business with Everi Holdings Inc. Good to Know IGT is reducing its global workforce by about 700 employees. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10515","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10515"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10515\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}