The world’s largest mountain resort operator announced Thursday it would eliminate certain positions to save costs even as ski season approaches.
Vail Resorts plans to lay off under two percent of the company’s entire workforce as part of a two-year plan, according to a company news release. The anticipated layoffs would include “14 percent of its corporate workforce and less than 1 percent of the company’s operations workforce.”
Vail Resorts, headquartered in Broomfield, Colorado, employed about 7,600 year-round employees and 44,900-odd seasonal employees in the 2024 fiscal year which ended July 31, 2024, according to a U.S. Securities and Exchange Commission (SEC) filing.
The company has approximately 40,200 employees, an IBISWorld estimate said. The layoffs could see approximately 800 employees depart.
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Author: Marty Kaufmann
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