Casino News: MGM Grand casino second round of layoffs

MGM Grand casino second round of layoffs

 October 28, 2008, 8:49 am (3 years ago)
The situation which the casino gambling industry has been damaged by the latest financial turmoil just to the degree that any other industry was indicated by the 2nd round of firing at the MGM Grand Detroit casino complex this weekend. As said by reports from the local press, the casino is firing below 100 workers in the gambling complex, the 2nd time the casino has decided to let people go this year, the 1st round taking place in April. The latest round of firing is going to attack employees at the restaurants and bars, not on the gambling floor, it was stated. Casino management is also planning downgrading some full-time employees to part-time. MGM Grand's casino income in August was $50 m, up from $42.7m the same month last year.
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