Manchester United To Sack About 200 Staff To Cut Cost
Manchester United, a Premier League giant, is set to undergo a significant restructuring process, which will involve cutting approximately 150 to 200 jobs at the club.
This move is part of a broader transformation plan aimed at restoring profitability to the club, which has faced financial challenges over the last five years.
The decision to cut jobs was communicated to staff by Chief Executive Omar Berrada, who emphasized the necessity of this move to ensure the club’s long-term viability.
This is not the first time the club has undertaken job cuts, as around 250 positions were eliminated last year under the guidance of co-owner Sir Jim Ratcliffe.
The club’s statement highlighted that these changes aim to foster sustainability and enhance operational efficiency for the future. The tough decisions are deemed necessary to stabilize finances and ensure the club’s long-term viability.
He said:
“We have a responsibility to ensure the club is in the best shape possible to compete at all levels.”
Gaius Otutu is the owner of GistsNaija, which was launched in 2012.
Gaius Otutu is a prominent Nigerian businessperson who has made a name for himself in the world of entrepreneurship. Born and raised in Delta State, Nigeria, into a family of 6, with his Siblings Blessing, Favour, Henry. Gaius has always had a keen eye for business opportunities and a strong desire to make a positive impact on his community. He started his entrepreneurial journey at a young age and has since become a highly successful and well-respected figure in the Nigerian business world.
Gaius passion for business was evident from an early age, as he was always looking for ways to make money and create opportunities for himself. He started his first business while still in secondary school, and it was clear from the beginning that he had a natural talent for entrepreneurship. After completing his education, Gaius fully dedicated himself to building his career and making his mark in the business world.
One of Gaius most notable ventures is GistsNaija, a leading Nigerian entertainment and news website that he founded in 2016. GistsNaija has grown to become one of the most popular and trusted websites in Nigeria, attracting millions of visitors each month. The platform provides a wide range of content, including Movies, music, news, and entertainment, and has become a go-to source for many Nigerians seeking the latest updates and information.
In addition to GistsNaija, Gaius has also ventured into other business areas, including Tech and real estate. His keen eye for spotting emerging trends and his ability to connect with his target audience have been key to his success in these ventures. Gaius has demonstrated an impressive understanding of consumer behavior and market dynamics, allowing him to build thriving businesses that meet the needs and desires of his customers.
4 Comments
It looks like you and your team are excelling in your space
on 25 February, 2025 | 
It looks like you and your team are excelling in your space
Why sack them
This club need to work smart
Nice