Ladbrokes owner prepares to cut 400 jobs weeks after profit boost

The Ladbrokes owner, Entain, is headquartered in London and employs more than 28,000 people worldwide. Photograph: Peter Cziborra/Reuters

The Ladbrokes owner, Entain, has said it is preparing to cut 400 jobs, only weeks after the FTSE 100 business reported better than expected profit in its first half of the year.

The gambling group, which also owns Coral and BetMGM, has started a consultation process that could remove one in five of its 2,000 customer care jobs.