Around 240 Irish jobs are to be cut by Paddy Power-owner Flutter in a restructuring of the business driven by tax policy changes in the UK. The gambling giant announced earlier today that it expects to make about 1,400 redundancies in its UK and Irish business unit. The restructuring will see about 240 jobs in Ireland cut. Other cuts will take place in the UK and at offices in Portugal and Romania where staff support the Irish and British markets. There are 9,000 people in the unit in total. Flutter, the $13-billion-dollar betting company, laid the blame for the job…

Want to continue reading?

Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.

Subscribe

Cancel at any time.

Are you already a member? .