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