Half of the 90 staff at the Mount Murray Hotel are to be made redundant.
The announcement was made by owners this morning (Sat) as they confirmed that the rebuild of the accommodation block will take between 18 months and two years.
A devastating fire gutted 90 bedrooms at the building on the 7th of November, though fortunately there were no serious injuries.
The remainder of the hotel facilities, including function rooms and gym facilities, will open again next Wednesday (20th)
Calls for 'urgent review' of Island's wildlife legislation
Manx Nature Alliance says government progress has been 'very slow'
Douglas Central residents 'happy' ahead of General Election
Constituents share their views ahead of September's vote
No plans to introduce tourism tax yet says minister
Idea will be for future administration to consider says Johnston
Nearly 2,000 successfully gain ETA ahead of new rules
Electronic Travel Authorisations to be enforced
Heartstopper film starring Manx actor gets release date
Joe Locke to round out his journey as Charlie Spring