Flutter Entertainment, the parent company of PokerStars, recently announced a reorganization of the popular online poker platform. The restructuring will result in job cuts across the organization, with the majority of the affected employees located in the Isle of Man.

The reorganization is part of Flutter’s larger strategy to streamline its operations and reduce costs. The company plans to move some of the operations from the Isle of Man to Malta and Bulgaria, which will result in a reduction of staff in the former location. Flutter estimates that the job cuts will affect around 200 employees.

The changes are expected to take effect in the coming months, and will involve a number of different departments, including customer service, marketing, and product development. Flutter has stated that it will offer assistance to those affected by the job cuts, including severance packages and outplacement services.

The news of the job cuts has been met with some criticism from the local community in the Isle of Man. Many of those affected by the reorganization have expressed their disappointment at the decision, citing the impact it will have on their families and local economy.

Despite the criticism, Flutter Entertainment remains committed to providing a top-notch online poker experience for its customers. The company has stated that it will continue to invest in its products and services, and that it is confident that the reorganization will ultimately benefit both customers and employees alike.

For now, Flutter Entertainment’s reorganization of PokerStars is expected to move forward as planned. Those affected by the job cuts will be notified in the coming weeks, and the company has promised to provide assistance to those who need it. It remains to be seen how the reorganization will impact PokerStars and its customers in the long run, but one thing is certain: this is a difficult time for those affected by the job cuts.