August 28, 2020
FILE - In this Aug. 3, 2015, file photo, a man rides his bike past the MGM Grand hotel and casino in Las Vegas. MGM Resorts plans to lay off 18,000 workers as the casino company struggles with the fallout from the pandemic. The Las Vegas-based parent of the Bellagio said in a letter to employees that furloughed employees will keep health benefits until Sept. 30, 2020 according to a report in The Wall Street Journal.
MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across numerous U.S. industries, particularly those that really on healthy crowds of people. Casinos in Nevada closed March 17. Unemployment in the state reached 28.2%, topping levels last seen during the Great Depression. Casinos reopened in early June, but the climb back has been long and slow.
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