https://www.foxnews.com/us/mgm-resorts-announces-254-layoffs-says-more-job-cuts-coming
<header class="article-header" style="font-family: inherit; font-style: inherit; font-variant-caps: inherit; -webkit-text-size-adjust: auto; box-sizing: border-box; margin: 0px 0px 24px; padding: 24px 0px 0px; border: 0px; font-size: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; text-align: center;">MGM Resorts announces 254 layoffs, says more job cuts coming
By Associated Press
</header>Las Vegas-based casino company MGM Resorts International has announced a first phase of layoffs in a cost-cutting operational shift as it aims to boost earnings.
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marginwidth="0" marginheight="0" sandbox="allow-top-navigation-by-user-activation allow-popups-to-escape-sandbox allow-forms allow-modals allow-pointer-lock allow-popups allow-same-origin allow-scripts" class="i-amphtml-fill-content" id="google_ads_iframe_1" style="box-sizing: border-box; margin: auto; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-caps: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; display: block; height: 250px; max-height: 100%; max-width: none; min-height: 0px; min-width: 0px; width: 300px; transform: translate(-50%, -50%); top: 0px; left: 0px; position: absolute; bottom: 0px; right: 0px; padding: 0px !important; border-width: 0px !important;">The Las Vegas *************** reports the 254 layoffs announced Thursday will cut labor costs by $100 million.
In a letter to employees, CEO Jim Murren calls it streamlining and says more positions will be eliminated in coming weeks.
MGM Resorts in January announced its MGM 2020 plan to boost earnings by $200 million by next year.
It says the current cuts affect managers, not union workers.
The company has about 77,000 employees and is the largest employer in Neva</amp-ad>
<header class="article-header" style="font-family: inherit; font-style: inherit; font-variant-caps: inherit; -webkit-text-size-adjust: auto; box-sizing: border-box; margin: 0px 0px 24px; padding: 24px 0px 0px; border: 0px; font-size: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; text-align: center;">MGM Resorts announces 254 layoffs, says more job cuts coming
By Associated Press
</header>Las Vegas-based casino company MGM Resorts International has announced a first phase of layoffs in a cost-cutting operational shift as it aims to boost earnings.
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MGM Resorts in January announced its MGM 2020 plan to boost earnings by $200 million by next year.
It says the current cuts affect managers, not union workers.
The company has about 77,000 employees and is the largest employer in Neva</amp-ad>
