More casinos in Las Vegas to lay off employees over COVID-19 issues
By Bob Garcia
The M Resort and Wynn Las Vegas are looking at reducing their workforces
Even though the COVID-19 vaccine is now starting to be distributed, the general consensus is that it will still take a while before global economies can get back on the right track. Few areas are more anxious for things to return to normal than Las Vegas, which has been brought to a virtual standstill by the global pandemic. There are tens of thousands of employees who are not yet able to return to work and they’re about to have some company. M Resort in Henderson and Wynn Las Vegas are looking at reducing their workforces as revenue continues to be an issue because of COVID-19.
M Resort, a Penn National Gaming property, confirmed that it is going to have to relieve 159 employees because of the coronavirus situation. Las Vegas is trying to survive at 25% of its normal operating levels, which is nowhere near enough to keep everything running smoothly. Penn spokesperson Jeff Morris told the Las Vegas Review-Journal that the cuts are the only way to keep afloat, and that “the very unfortunate reality of not knowing how long this global public health threat will last or when we’ll be able to resume full operations.”
Penn has set up a COVID-19 Emergency Relief Fund for its current and former employees and has around $2.7 million allocated to the fund. However, with continued increases in COVID-19 cases in Nevada and lengthy waits to have widespread distribution of the vaccine, recovery is not going to come quickly.
According to Eater Las Vegas, Wynn Las Vegas is also considering a reduction in staff. The casino reportedly told the Culinary Workers Union Local 226 last month that it might need to let some workers go, but specific numbers haven’t been released. In addition to these two properties, The Tropicana is also expected to part ways with around 132 of its employees, in addition to the 702 it laid off this past October.