Park City Mountain Resort owner announces layoffs

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Vail Resorts, the owner of Park City Mountain Resort in Utah, announced staff layoffs Thursday as the company faces large year-to-year revenue losses in 2024.

As part of the two-year program to improve the company’s “organizational effectiveness,” Vail Resorts will let go 2 percent of its employees, including 14 percent of its corporate staff.

Park City Mountain Resort is the only property owned by the company in Utah, which is the largest in the world with 42 resorts around the world…

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