Lost 100 million pounds! Manchester United lost the European League championship and started a new round of layoffs, with as many as 200 people being laid off!
May 23 According to the Daily Mail, Daily Telegraph and other UK reports, several Manchester United employees received notices of their layoffs a few hours after the Europa League final. Manchester United has started a new round of layoffs, with up to 200 employees expected to be laid off. As Manchester United streamlines its staff team, including scouts, analysts, business departments and a range of non-football departments, will face significant layoffs. Manchester United executives did not postpone the reform process due to the loss of the European League's championship, but instead accelerated the club's drastic layoffs plan. Manchester United CEO Berrada informed employees in February that more layoffs are coming as part of the transformation plan aimed at making the club profitable again. The club has previously cut 250 jobs last year. People familiar with the matter expressed surprise at the timing of Manchester United's layoffs, but after missing a £100 million Champions League qualification, Manchester United urgently needs to reduce spending as soon as possible. It is not clear whether Ratcliff plans to brew larger layoffs, but Manchester United is said to have a sluggish internal morale and several beloved veterans will leave.
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