{"id":5401,"date":"2020-04-08T02:56:29","date_gmt":"2020-04-08T02:56:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=5401"},"modified":"2026-04-24T06:18:36","modified_gmt":"2026-04-24T09:18:36","slug":"australia-tabcorp-lays-off-700-employees","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/australia-tabcorp-lays-off-700-employees","title":{"rendered":"Australia: Tabcorp lays off 700 employees"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Employees not affected by the temporary layoffs are being forced to take one day of leave per week, starting April 6 until June 30.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.- Tabcorp, the Australian lottery and gaming provider, has temporarily laid off more than 700 employees due to the Coronavirus outbreak.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On March 23, the Australian government announced that all registered and licensed clubs, hotels, pubs and casinos <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/australia-amusement-gambling\">will be closed<\/a><\/em><\/strong> at least for a month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This has forced Tabcorp to furlough 700 employees until June 30. Employees not affected by the temporary layoffs are being forced to take one day of leave per week, starting April 6 until June 30, according to <em>Gambling News<\/em>.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tabcorp has also reduce salaries for its Executive directors. The measure includes a 20 per cent reduction in the base salary of the Managing Director and CEO David Attenborough through to the end of the financial year, while Chairman and Non-Executive director fees are being cut by 10 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employees not affected by the temporary layoffs are being forced to take one day of leave per week, starting April 6 until June 30.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tabcorp, a prominent Australian lottery and gaming provider, has temporarily furloughed over 700 employees and implemented executive salary reductions in response to government-mandated venue closures due to the Coronavirus pandemic. This operational restructuring, effective until at least June 30, aims to mitigate financial impact from the cessation of gaming activities across licensed clubs, hotels, pubs, and casinos. Employees not directly affected by layoffs are also required to take one day of leave per week.","focusai_entities":"Tabcorp, David Attenborough","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Tabcorp Financial Impact","query":"What is the projected impact of these operational adjustments and venue closures on Tabcorp's Q2 GGR and NGR, and how might this influence its full-year guidance and capital allocation strategy?"},{"label":"Australian Market Resilience","query":"How might these widespread operational disruptions and workforce adjustments affect the competitive landscape and long-term resilience of the Australian iGaming and retail gaming sectors?"}],"footnotes":""},"categories":[16336,28,158],"tags":[289,7299,512,13716],"class_list":["post-5401","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-casino-news","category-slider-home","tag-australia","tag-coronavirus","tag-gaming","tag-tabcorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=5401"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5401\/revisions"}],"predecessor-version":[{"id":22116,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5401\/revisions\/22116"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=5401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=5401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=5401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}