NEWS
Alton Towers to cut up to 190 jobs following Smiler accident
POSTED 11 Nov 2015 . BY Tom Anstey
The Smiler accident has seen visitors stay away from Merlin's UK theme parks during the summer months Credit: Merlin Entertainments
Alton Towers is to cut around ten per cent of its work force following a drop in revenue in the wake of its serious Smiler rollercoaster crash earlier this year.

The Merlin Entertainments theme park, which employs 2,000 people, has said it will cut up to 190 jobs following the drop in attendance during the summer months of 2015.

The attraction took a serious hit financially following the accident in which five people were badly injured – two later lost limbs.

The park was closed for five days following the accident.

In a statement, Merlin said: "At the end of a very difficult year, Alton Towers Resort has confirmed a proposed restructure of the business to be completed in time for the opening of the new season in March 2016. Regretfully it may result in the loss of up to 190 salaried jobs across the resort.

"We anticipate some of these will be accounted for by a programme of non-replacement of existing vacancies, early retirement, redeployment elsewhere in the group, and voluntary redundancy.

"As soon as employee representatives have been appointed, a consultation period will begin."

In September, Merlin revealed a drop in visitors and profits, with like-for-like revenues declining by 11.4 per cent. The accident also hit trading at Merlin’s other UK theme parks, Thorpe Park and Chessington World of Adventures.

Speaking in September, Merlin CEO Nick Varney said he did not expect visitor numbers to recover until 2017 at the earliest.
RELATED STORIES
  Merlin records weak summer at UK theme parks after Smiler accident


After suggesting that the rollercoaster crash that seriously injured four people in June could affect profits by up to £50m (US$77.6m, €70m), Alton Towers operator Merlin Entertainment has confirmed a notable slump after weak trade through the UK’s summer months.
  Alton Towers’ founder plans to turn Cornwall theme park into premier European resort


Alton Towers founder John Broome has acquired Cornwall's Crealy Great Adventure Park, along with 200 acres of adjacent farmland, with the intention of transforming it into a premier European destination, branded as Camel Creek Resort.
  Alton Towers continues short-break push with plans for new multi-million hotel addition


After costing parent company Merlin Entertainments around £50m (US$77.6m, €70m) in profits following the Smiler accident, Alton Towers has revealed multi-million pound plans for a fourth hotel as the park aims to become the UK’s leading short break destination.
  17-year-old loses leg after Alton Towers accident


A 17-year-old-girl – one of five hospitalised after the Smiler crash at Alton Towers – has had to have her leg amputated following the tragic accident on 2 June.
 


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11 Nov 2015

Alton Towers to cut up to 190 jobs following Smiler accident
BY Tom Anstey

The Smiler accident has seen visitors stay away from Merlin's UK theme parks during the summer months

The Smiler accident has seen visitors stay away from Merlin's UK theme parks during the summer months
photo: Merlin Entertainments

Alton Towers is to cut around ten per cent of its work force following a drop in revenue in the wake of its serious Smiler rollercoaster crash earlier this year.

The Merlin Entertainments theme park, which employs 2,000 people, has said it will cut up to 190 jobs following the drop in attendance during the summer months of 2015.

The attraction took a serious hit financially following the accident in which five people were badly injured – two later lost limbs.

The park was closed for five days following the accident.

In a statement, Merlin said: "At the end of a very difficult year, Alton Towers Resort has confirmed a proposed restructure of the business to be completed in time for the opening of the new season in March 2016. Regretfully it may result in the loss of up to 190 salaried jobs across the resort.

"We anticipate some of these will be accounted for by a programme of non-replacement of existing vacancies, early retirement, redeployment elsewhere in the group, and voluntary redundancy.

"As soon as employee representatives have been appointed, a consultation period will begin."

In September, Merlin revealed a drop in visitors and profits, with like-for-like revenues declining by 11.4 per cent. The accident also hit trading at Merlin’s other UK theme parks, Thorpe Park and Chessington World of Adventures.

Speaking in September, Merlin CEO Nick Varney said he did not expect visitor numbers to recover until 2017 at the earliest.



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