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MGM Mirage to lay off hundreds

April 16, 2008

MGM Mirage, which is the largest casino operator in Las Vegas, has reported that it will lay off about 440 employees.

The layoffs will occur mostly in management at the corporate level, MGM Mirage reported Monday.

According to a story at majorwager.com:

MGM Mirage President and COO Jim Murren said Monday that management and supervisory level staff reductions were part of a process that will save MGM Mirage about $75 million annually. Most of the local workers were told of the cutbacks Monday.

The employee reductions were companywide but the bulk of layoffs took place in Las Vegas where MGM Mirage operates 10 Strip resorts and is building the massive $8.4 billion CityCenter development. MGM Mirage also operates casinos in Michigan and Mississippi.

Whole thing here.

Earlier this year, about 150 employees were laid off at Circus Circus, one of MGM Mirage’s holdings.

MGM Mirage employs 66,000 people nationally, according to the story.

news.parttimepoker.com

Written by admin · Filed Under Online Poker News 

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