Manchester United
fromFox Sports
3 months agoScrapping hot lunches, 200 more redundancies... Man Utd outline latest cost cutting measures
Manchester United plans to cut 200 jobs as part of a transformation plan for financial sustainability.
Billy Dardis expressed that the closure of the men's sevens program is "unbelievably deflating", particularly after the historic achievement of both men's and women's teams at the Paris Olympics.
"Our expenses, as with everybody else's for a festival, are increasing and I think that the city appreciates the fact that we bring strong economic benefit to (it)," Johnson told San José Spotlight.
"Unfortunately, just like so many others, we were hit very hard after COVID for a variety of things, and we just weren't in a position to make it work financially anymore."
Close to 90% of fact-checkers cited financial sustainability as the top challenge for their organizations. This uncertainty is compounded by recent program cancellations.
Efe Kurtluoglu, the assistant secretary of the Haringey NEU, stated: "It feels like the breaking of a contract... This agreement has been in place [almost] 40 years. Our members are angry, they want the schools to roll back these proposals."
Cables Finance aims to create a sustainable DeFi ecosystem through integrated revenue streams that enhance liquidity and ensure lasting value generation.