Saturday, July 13, 2024

Man United plan 250 job cuts as part of ongoing restructuring under new ownership

Meanwhile, it is still unclear the specific areas Man United are looking to cut staff.

• July 3, 2024
Manchester United stadium
Manchester United stadium[credit : Sport illustrated]

In a bid to cut “non-essential” costs as part of major restructuring plans under new minority ownership led by Sir Jim Ratcliffe, Premier League side Manchester United are to cut 250 jobs across several divisions in the club.

Interim chief executive Jean-Claude Blanc made the announcement about the cuts during an all-staff meeting consisting of around 800 people with the focus on trimming the “non-essential” activities to save costs,” the BBC reported.

In May, the club had emailed staff to take a voluntary resignation and would be paid their annual bonus earlier if they did it before the first week of June deadline elapsed.

Staff were also ordered to return to the club’s office in Manchester and London rather than work at home.

The club has concluded a review of the size of the work structure and concluded that the large number of staff did not reflect on the performance of the club, stating they have more staff than they need.

The club currently employ 1,150 people on a full-time basis but aims to reduce the headcount.

Meanwhile, it is still unclear the specific areas Man United are looking to cut staff. The BBC reported that the move had been received negatively by staff members, pointing out that the club has wasted huge amounts on first-team recruitment.

They believe that more than £1 billion has “burned through” on players, and achieving very little is a major contributing factor to the club’s decision to cut jobs.

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