Alterra Layoffs After Tax Breaks | Denver News

Alterra Mountain Company, the ski resort giant that recently snagged $11 million in tax breaks to stay in Denver, just laid off staff — a move that’s raising eyebrows after they were promised incentives tied to hiring hundreds. The cuts span corporate offices, remote teams, and resorts, with some roles left unfilled. Despite a sweet deal including a $7M downtown loan and state grants, the layoffs could jeopardize job creation bonuses — and this shake-up comes as they were even considering Salt Lake City. With thousands employed across mountains, this sudden pivot is worth watching closely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/87345c14149a7de4