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Cassava to fire Gibraltar employees6 November 2006GIBRALTAR -- As reported by Panorama: "The gambling outfit Cassava, also known as 888.com, are to fire employees in their Gibraltar headquarters. That was the buzz yesterday as employees started to receive redundancy letters, with some sources suggesting that up to 150 may be dismissed. "The layoffs stem from the cessation of the company's activity in the US due to new legislation banning online gambling in the USA, which has shaken the industry. "The forced abandonment of the US market by online gambling companies is hitting their workforces. As we reported on Monday, another Gibraltar-based company, PartyGaming, are talking of job losses in Gibraltar as costs are cut..."
Cassava to fire Gibraltar employees
is republished from Online.CasinoCity.com.
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