Click to see full article - Layoffs for Mohegan Sun and Foxwoods
In the first
quarter of 2013, Foxwoods reported through WFSB (Eyewitness News 3) that they
would be laying off workers due to what they say is due to as the CEO Scott
Butera said "increased competition and a presently declining
market." He went on to say
""We are focused on efficiency of operations at all levels in order
to achieve success in today's challenging environment and to sustain that
success well into the future with a goal of supporting strong employment levels
for years to come,".
About a year
later, Foxwoods reported through the Associated Press on May 15, 2014 that they
would be cutting hours and have possible layoffs. A memo to employees obtained by the associated
press indicated that there would be "staffing changes across all levels of
employment." This change was also
reported on the same day by WTNH News 8 in Connecticut. Earlier reports show that layoffs happened
before at Foxwoods for example the Associated Press reported that layoffs would
affect approximately 2% of the 10,000 employees. The workers were laid off on June 26 of that
year. The job cuts occurred a month
after Foxwoods opened its new MGM Grand Casino. In this same report by the Associated Press,
Mohegan Sun had reduced its workforce by a few hundred through attrition. At the time of this report, Analyst Dennis
Forst of Key Banc Capital Markets said that Las Vegas customers had begun to
cut back due to economic concerns. He
also reported that all US gaming markets spending was down and expected the
trend to continue.
In the
fourth quarter of 2012, Mohegan Sun announced layoffs on NBC Connecticut and
Cape Cod Times. The layoffs were
reported to be 328 by the end of October 2012 (George Brennan of Cape Cod
Times). Two years earlier, the casino
laid off 350 workers. In 2012, the
Massachusetts Gaming Commission Chairman Stephen Crosby had declined an interview
about the Mohegan Sun Layoffs.
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