Over the next two years, Vail Resorts plans to lay off 14% of its corporate workforce, under 1% of its operations workforce.

Key Takeaways Vail Resorts announced a "transformation plan" that will include cutting 14% of its corporate workforce.CEO Kirsten Lynch called the changes a "natural progression" as the ski resort operator grows.

Vail Resorts is cutting 14 percent of its corporate staff as its revenue tumbles. The layoffs are expected to save the company $100 million over the next

EPS: US$6.08 (down from US$6.76 in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.4%. Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.

Vail Resorts plans to lay off 14% of its corporate workforce and about 1% of its operations staff as part of a two-year “transformation plan” aimed at reversing downward revenue and earnings trends.