Saturday, February 14

Blackstone’s Crown takes IT, finance offshore, local jobs to go


Blackstone-controlled Crown Resorts will shift more than 100 corporate jobs offshore to take further costs out of the business, which comes as the group faces industrial action in Victoria.

Crown Resorts last year posted its first profit under the ownership of Blackstone, the world’s largest asset manager, a result boosted by the slashing of $220 million costs at the casino and hotel giant, which owns precincts in Sydney, Melbourne and Perth.

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