Job Cuts Coming to Vail Resorts as Part of Transformation Plan
September 26, 2024
Vail Resorts announced a two-year company transformation plan Thursday afternoon that includes job cuts to corporate and operational staff.
The company is targeting $100 million in annualized cost savings by the end of its 2026 fiscal year through scaled operations, global shared services, and expanded workforce management.
Job cuts will impact less than 2% of the company’s total workforce, including 14% of its corporate staff and less than 1% of operational employees, Vail said.
In the fiscal year ended July 31, the company employed 7,600 year-round employees and 44,900 seasonal employees. The Daily reached out to Vail for clarity if it included both year round and seasonal employees as part of its total workforce, and the company declined to provide specific numbers. The Daily