To further strengthen competitiveness and increase efficiency, NetEnt is implementing changes in the organisation and a full integration with recently acquired Red Tiger.
The changes mean a reduction in the workforce by approximately 120 employees, mainly in Stockholm. NetEnt has previously communicated its ambition to integration further with Red Tiger, which was acquired in September of 2019.
The acquisition has exceeded expectations and offers significant potential synergies, increased efficiency and economies of scale. A restructuring is now being implemented to speed up the full integration within the NetEnt group, which means that several functions are relocated and that 120 full-time positions are made redundant in Stockholm and Malta. These measures are in line with NetEnt's strategy to continuously improve all parts of the business to strengthen competitiveness and increase value creation in the company.
