October 26, 2011

Will Hill says staff dispute resolved, managers dismissed

William Hill plc says its has ended the disruption at its William Hill Online (WHO) operations centres in Israel, Bulgaria and the Philippines with seven senior WHO managers losing their jobs as a result of the walkouts last week.

The walkouts are believed to have been sparked by concerns that the British bookmaker planned to relocate support functions to its operational base in Gibraltar, a move which William Hill has denied. In response to the walkouts which negatively impacted the company’s share price, William Hill said that senior managers at its Tel Aviv support centre would face disciplinary action.

In a stock market announcement Tuesday, William Hill said that all seven managers have now left the business, with normal business activity resuming at all three locations. The company added that “William Hill Online remains committed to its operation in Tel Aviv”.

William Hill’s joint venture partner in WHO, Playtech, which was also involved in the discussions, said the resolution paves the way for WHO to continue to go from strength to strength.

The company’s chief executive, Mor Weizer, said: “Having been asked by William Hill's Chief Executive, Ralph Topping, to assist, I am very pleased that this issue is now behind William Hill Online. It is very positive for both shareholders that the business can now continue to move forward.”

The successful resolution of the disruption comes just in time for William Hill, which reports its third quarter results tomorrow.

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