Gambling group 888 is laying off dozens of employees in Israel as part of a significant global restructuring effort aimed at better positioning the company for its long-term strategic plans. This follows a similar round of layoffs in Israel just last January. The Gibraltar-based company, which employs 11,000 people worldwide, has faced financial complications following its £2.2 billion acquisition of competitor William Hill in 2021. The layoffs were announced in January 2024, reflecting ongoing challenges in the online gambling industry for this publicly traded company.
