Star Entertainment (ASX:SGR) will shut its corporate head office as part of a sweeping restructure that is expected to cut hundreds of jobs and return management responsibility to its three casino precincts in Sydney, the Gold Coast and Brisbane.
The plan was outlined in emails sent to staff by newly appointed CEO Bruce Mathieson jnr, who said the company intended to close the corporate office "in its current form" in order to simplify operations and build a more sustainable business.
While Mathieson jnr did not specify the number of redundancies, sources familiar with the discussions said the cuts would run into the hundreds, out of an estimated 600 staff currently employed at head office.
Some employees will be redeployed into casino precincts as Star moves to localised management, separate from the 40 roles already cut last November 2025.