The world’s largest ski resort operator announces layoffs before the winter season

Vail Resorts, the world’s largest mountain resort operator, announced this week that it is reducing its workforce as part of a two-year transformation plan.

The company said it was eliminating about 14% of its corporate positions and less than 1% of its operations staff, which would impact 0.2% of its frontline staff. Vail employed about 7,600 year-round workers and 44,900 seasonal workers at 42 resorts last fiscal year, according to Thursday’s SEC filing.

“No matter how big or small the impact of eliminating positions, we do not take any decision that impacts our team members lightly,” CEO Kirsten Lynch said in a statement announcing the move. “Our team members are at the core of our creation mission Experience of life, and we are extremely grateful for their passion and commitment to our mission, our mountains and our guests.”

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The company says employees whose jobs are affected by the job cuts can apply for open positions within the company.

The layoffs are part of a broader “Resource Efficiency Transformation Plan” that Vail says will save the company $100 million by the end of 2026.

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Vail says it has grown rapidly over the past decade, expanding its resort portfolio to include 32 owned and operated resorts while doubling its workforce. The ski resort operator says its transformation plan will put it in a better position for further expansion.

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“We believe this is a natural progression and the next step for our company that builds on our success and paves the way for the next phase of growth,” Lynch said.