18,000 MGM Resorts Employees to Be Laid Off Monday

By News and Talk Radio 840 AM

LAS VEGAS, NV (KXNT) - It's going to be a "Black Monday" for thousands of employees with MGM Resorts International.

letter from MGM CEO Bill Hornbuckle was sent to all employees Friday morning detailing the upcoming move.

The layoffs come as visitation struggle to reach levels seen before the coronavirus pandemic forced the shutdown of casinos and resorts. Though they were allowed to reopen on June 4th, visitation numbers have struggled. MGM Resorts opened the Mirage back up on Thursday, but the Park MGM remains closed. Resort officials have said they will determine the opening date for Park MGM by seeing how well Mirage does.

What's still not known is how many of the laid off workers will come from southern Nevada. 

In the letter to employees, Hornbuckle writes " 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 letter reads. "Regrettably, August 31, marks the date of separation for thousands of MGM Resorts employees whom we have not yet been able to bring back."

Hornbuckle notes that MGM Resorts has been able to bring back "tens of thousands" of employees as some casinos reopened its doors, and is hopeful that more workers can be brought back if visitation numbers rise.

Laid off employees will continue to have their health benefits covered through the end of September.  

LISTEN NOW on the RADIO.COM App
Follow RADIO.COM
Facebook | Twitter | Instagram