Estonian Online Gambling Operator Coolbet Might Lay Off Over 130 Employees

Estonian online gambling operator Coolbet has notified the country’s Unemployment Insurance Fund (Töötukassa) that it might lay off over 130 employees at its Tallinn headquarters. Over 130 Jobs at Coolbet HQ at Risk The news comes as the company announced restructuring at VG Estonia OÜ, which is part of the Coolbet group. The company has initiated the official collective redundancy consultation process, with the final number of redundancies and the positions affected to be determined once the process has concluded. Coolbet COO Tomas Graham explained that the restructuring is necessary to respond to evolving business needs and market conditions.