MGM Resorts to lay off 18,000 workers, impacting a fourth of its pre-pandemic staff

LAS VEGAS – Thousands of MGM Resorts workers will be out of work on Monday, according to a letter CEO Bill Hornbuckle sent to employees.”For the protection of workers, federal law requires companies to provide a date of separation for furloughed employees who are not recalled within six months,” the Friday letters read. “Regrettably, August…

MGM Resorts to lay off 18,000 workers, impacting a fourth of its pre-pandemic staff

LAS VEGAS – Thousands of MGM Resorts workers will be out of work on Monday, according to a letter CEO Bill Hornbuckle sent to employees.”For the protection of workers, federal law requires companies to provide a date of separation for furloughed employees who are not recalled within six months,” the Friday letters read. “Regrettably, August 31, marks the date of separation for thousands of MGM Resorts employees whom we have not yet been able to bring back.”The layoffs come five months after the COVID-19 pandemic shuttered the Las Vegas Strip and resorts across the U.S., bringing the tourism economy to a halt and putting a majority of the hospitality workforce out of jobs.The MGM layoffs will impact 18,000 – one fourth of the 68,000 workers the casino company employed before the pandemic.“I understand the impact this will have on these employees and
Read More From Publisher