MGM Resorts to lay off nearly 20,000 furloughed workers
Source: UPI
Aug. 28 (UPI) -- MGM Resorts said Friday it will start laying off nearly 20,000 furloughed employees next week.
In a letter to employees, MGM President and CEO Bill Hornbuckle blamed the coronavirus pandemic for ongoing problems nationwide with the gambling and hospitality industry.
Hornbuckle said about 18,000 workers will be laid off.
MGM owns some of the Las Vegas' best-known properties, including the Bellagio, Mandalay Bay, MGM Grand, New York New York and the Mirage -- in addition to casinos and hotels in Michigan, Mississippi, New Jersey, New York, Ohio and Washington, D.C.
Read more: https://www.upi.com/Top_News/US/2020/08/28/MGM-Resorts-to-lay-off-nearly-20000-furloughed-workers/4721598631265/
CaptYossarian
(6,448 posts)Seriously, this won't help make America great either. R really does stand for Reverse.
cannabis_flower
(3,764 posts)That they had not laid them off when the Feds were giving $600 extra a week for unemployment. I bet a lot of these guys were being paid by MGM all this time and making less than $600 a week. I was glad I was laid off immediately and not furloughed because if I was furloughed I would have been making $450/week and instead I was pulling in $728 a week in Unemployment.
Angleae
(4,486 posts)They go straight on unemployment.
cannabis_flower
(3,764 posts)was working for her school district and they continued to pay her but she was making less than she would have gotten on Unemployment.
Dopers_Greed
(2,640 posts)So much for the "free market"