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Detroit's MGM Grand casino laying off workers, again

 The fact that the casino gambling business has been hurt by the recent economic situation just as much as any other industry was illustrated by the second round of layoffs at the MGM Grand Detroit casino complex this weekend. According to reports from the local press, the casino is laying off less than 100 workers in the gambling complex, the second time the casino has resorted to letting people go this year, the first round taking place in April. The recent round of layoffs will affect workers at the restaurants and bars, not on the gambling floor, it was announced. Casino management is also considering downgrading some full-time employees to part-time. MGM Grand's casino revenue in August was $50 million, up from $42.7 million the same month last year.

 Published on 10/04/2008

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