Vail Resorts has unveiled a two-year restructuring plan, eliminating jobs as the company seeks to streamline operations after a decade of rapid expansion. The company, which operates 42 mountain resorts across four countries, announced that it will eliminate a portion of its workforce as part of its “Resource Efficiency Transformation Plan.”
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In a press release, the company said the cuts will affect less than two percent of the company’s total workforce, including 14 percent of corporate roles and less than 1 percent of operations staff. Vail assures that the frontline roles would be minimally impacted, with only 0.2 percent of those positions affected.
Vail Resorts CEO Kirsten Lynch framed the layoffs as necessary for the company’s long-term strategy.
“We believe this is a natural progression and next step for our company that builds upon our success and paves the way for the next phase of growth,” Lynch said in the press release. “No matter how big or small the impact of position eliminations, we do not take lightly any decision that affects our team members. “Our team members are the core of our mission to create an Experience of a Lifetime, and we have tremendous gratitude for their passion and commitment to our mission, our mountains, and our guests.”
Our team members are the core of our mission to create an Experience of a Lifetime, and we do not take lightly any decision that affects them.”
The restructuring plan comes after years of aggressive growth for Vail Resorts, which has more than quadrupled its number of resorts in the past decade. During that period, the company invested over $2 billion in guest and employee experiences and expanded its workforce significantly. However, with the company now facing economic pressures and seeking to boost profitability, the plan aims to create $100 million in annual cost savings by 2026.
The job cuts are also part of a broader effort to centralize operations, reduce redundancy, and improve scalability. Affected employees can apply for other open roles within the company. The restructuring is expected to conclude by the end of the 2026 fiscal year.
As part of its global expansion, Vail Resorts has recently acquired properties in Europe, including Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland, signalling its ambition to grow beyond its established markets in North America and Australia.
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