The England Cricket Board has decided to lessen its workforce budget after the board met with financial losses due to COVID-19. ECB CEO Tom Harrison has said that after going through its structures and budgets to reduce ‘central costs’, he has suggested a 20 % reduction in the board’s workforce budget.
The CEO has further said that the board has already lost more than GBP 100 million and is expected to lose almost GBP 200 million if the pandemic continues to disrupt the sport next year.
“The COVID-19 pandemic has left cricket facing its most significant challenge of the modern era. The game has already lost more than GBP 100m, and the financial impact is likely to be GBP 200m if there is further disruption next year, which many are expecting,” Harrison said.
ECB Will Need to Become a Leaner and More Agile Organisation – Harrison
Harrison further said that if the board aims to deliver best quality cricket at the international level in these prevalent 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.
The ECB CEO further explained, as to how the 20 percent reduction in the workforce will impact the board. He said that a total of 62 roles will be vacated with the board also thinking on cost-cutting by making the employees more flexible and open to new roles.
These proposals include a 20% 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.