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MGM Resorts is laying off 18,000 people, which represents about a quarter of its U.S. staff of about 70,000, according to the Associated Press.
The hospitality group, with 13 properties in Las Vegas as well as resorts in other parts of the United States, holds a significant amount of meeting and event space at many of its properties.
The company had furloughed about 62,000 people when its casinos in Las Vegas were forced to close in March due to the Covid-19 pandemic.
Most properties began to reopen in June, though at reduced capacities.
The U.S. Department of Labor’s Worker Adjustment and Retraining Notification Act requires that if a temporary layoff or furlough lasts longer than six months, it is considered an employment loss and notice of the layoff is required.
Source: travelweekly.com
