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MGM Mirage eliminates 14 percent of full-time jobs in past year

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BLOOMBERG NEWS
August 7, 2009 - 1:51 pm
 

MGM Mirage, the biggest casino owner on the Strip, said it cut the equivalent of 14 percent of full-time jobs in the past year.

“We have been managing staffing levels across all our resorts; and we have been reviewing all areas of operations for efficiencies,” MGM Mirage said today in a regulatory filing.

Las Vegas-based MGM Mirage said it cut salaried management positions, halted discretionary bonuses, suspended company contributions to 401(k) retirement plans and negotiated changes to union agreements.

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