November 22, 2024 23:27 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing
ECB slashes 'workforce budget' after financial crunch due to COVID-19
ECB
UNI

ECB slashes 'workforce budget' after financial crunch due to COVID-19

| @indiablooms | 16 Sep 2020, 09:56 am

London/UNI: The England Cricket Board (ECB) on Tuesday decided to lessen its workforce budget by 20 per cent, in order to deal with the financial losses, caused due to COVID-19 pandemic.

ECB CEO Tom Harrison said that after going through its structures and budgets to reduce 'central costs’, he has suggested a 20 per cent reduction in the board’s workforce budget, which will equate to the removal of 62 positions within the organisation.

The CEO noted that due to the pandemic, the game of cricket has lost more than GBP 100 million and the financial impact could be in tune of GBP 200 million, if the pandemic continues to disrupt the game next year.

He also commended all the stakeholders for the resumption of the game during the summer, amidst the constantly evolving pandemic.

'Getting cricket back on this summer - at a recreational, domestic and international level, for both men and women - has been a remarkable achievement by everyone across the game,' he said.

Harrison also mentioned that if the board aims to deliver best quality cricket at the international level in these rare times, then it must learn to work with a lessened workforce.

'Given this new reality, if we are to safeguard cricket's long-term future and still deliver on the growth ambitions of our Inspiring Generations strategy, it is clear the ECB will need to become a leaner and more agile organisation,' Harrison said.

He also explained how the 20 per cent reduction in the workforce will impact the board, adding that the board was also thinking on cost-cutting, by making the employees more flexible and open to new roles.

'These proposals include a 20 per cent reduction in our workforce budget, which will equate to the removal of 62 roles from our structure. Additionally, we are also proposing further cost savings by changing a number of current posts into flexible working roles. ECB staff have been informed and a collective consultation will begin imminently,' he concluded. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.