U.K.’s Ambassador Theatre Group to Implement Staff Layoffs

News   U.K.’s Ambassador Theatre Group to Implement Staff Layoffs New chief executive declares aim is “to generate some funds to invest in some really exciting areas of the business.”
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Britain's largest theatre owning and producing chain, Ambassador Theatre Group, who also now have interests on Broadway and across America that include Broadway's Lyric Theatre and the soon-to-open Hudson Theatre, have confirmed that they are embarking on a compulsory redundancy program, in addition to the voluntary redundancies (layoffs) they have already invited staff to apply for.

In an interview with the U.K. trade newspaper The Stage, the incoming chief executive, Mark Cornell, who was appointed earlier this year, said that all staff, excluding those working in finance, who had already been subjected to compulsory redundancies, had been offered voluntary redundancy.

However, it was reported that further compulsory redundancies will now be implemented: While the voluntary scheme had resulted in the “anticipated” number of staff coming forward, more job cuts were needed. He told The Stage, “The compulsory redundancies will be nothing like what we needed to do from the outset, as the voluntary redundancies took care of a lot of that. But now we can be much more specific and indeed there are some departments that simply will be unaffected. To be frank, the vast majority of people will be unaffected.”

He added, “We are simply looking to make ourselves more efficient, to generate some funds to invest in some really exciting areas of the business.”

According to a briefing document on its proposals that was seen by The Stage, the company wishes to reduce the costs producers incur when doing business with ATG, effect a “delayering” of heavy, slow, and bureaucratic management focus and empower and encourage local decision-making.

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