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March 7, 2026

Industry News August 29, 2020

MGM Resorts announces sweeping layoffs of 18,000 furloughed workers

Industry News ı By Colby McCoy

552 0 Comments

In a letter to employees, MGM Chief Executive Bill Hornbuckle said, “While the immediate future remains uncertain, I truly believe that the challenges we face today are not permanent,” further adding, “The fundamentals of our industry, our company and our communities will not change. Concerts, sports and awe-inspiring entertainment remain on our horizon.” Per Hornbuckle, the layoffs are necessary since the company was unable to bring back furloughed employees after six months. Whenever the economy bounces back, the 18,000 workers were assured that they would be rehired. On June 4, Nevada’s casinos were officially reopened under new guidelines -- 50% occupancy as well as social distancing. MGM has 13 resorts in its portfolio, both the Park MGM and NoMad still remain closed while the MGM Mirage is set to reopen this week. -------------------------------------------------- Have a story you want USA Herald to cover? Submit a tip here and if we think it's newsworthy, we'll follow up on it. Want guaranteed coverage? We also offer contract journalism here.  Just be sure you're comfortable giving up editorial control because our journalists are dogged and will follow the story through to the conclusion. The story will be published to our exacting standards, without regard for your preferred slant.

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Colby McCoy
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Colby McCoy

Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.

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