Massive Layoffs at MGM Resorts International Properties in Wake of Coronavirus Tourism Drop
Significant layoffs have begun at MGM Resorts International properties in Las Vegas and around the country. A letter sent to all employees by MGM President and COO Bill Hornbuckle said about 150 food and beverage outlets will be closed as of Monday, with more closings coming on a rolling basis. The company will also temporarily close it’s Northfield Park property in Ohio.
Layoffs have begun “in areas most immediately impacted by the slowdown in demand,” the letter said.
Here in Las Vegas, everyone from front desk workers, bellman, cocktail servers and housekeeping staff have seen staff reductions. Specific numbers of employees affected by the layoffs were not known at this time.
“These decisions are never made lightly, and we deeply regret the hardship it will place on these individuals and their families,” Hornbuckle wrote in the letter.
The decisions were made in the face of drastically decreased business due to the Coronavirus.