@daily
The Daily Swell
@daily · 1:25

News: MGM Lays Off 18,000 Employees

article image placeholderMGM Resorts lays off 18,000 previously furloughed employees
Hi, everybody. This is Taylor. Hope your weekend is going well. Here? S some more daily swell news. Unfortunately, it was announced that the MGM company will be furloughing 180 employees across the nation in letters will be sent to the employees, notifying them of their furlough and also the extension of their health benefits to September 31. This news is a devastating blow to the service industry, particularly the city of Las Vegas. With millions of people unemployed across the country, this news is somewhat terrifying

https://www.cnbc.com/2020/08/28/mgm-resorts-sends-separation-letters-to-18000-furloughed-employees.html

@Phil
phil spade
@Phil · 3:10
But still, there is a lot within the hospitality industry that should be taken a cue from this, because Las Vegas oftentimes is a microcosm with the rest of the United States on casual spending, be it restaurants, be it gambling, be it whatever. And that I think is a trend that I think can continue. And it is troubling to see that whereas those jobs will come back
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