Boyd Gaming Could Cut as Much as 60% of Its Gaming Staff in Some Casinos

Boyd Gaming Could Cut as Much as 60% of Its Gaming Staff in Some Casinos

As the states are reopening businesses, Boyd Gaming is also set to reopen four more of its properties in Iowa and Missouri on Monday. The company, which suffered because of the coronavirus pandemic and ripening business with reduced capacity, is also expected to make staff cuts.

Coronavirus aftereffects linger

The Las Vegas based operator is still bleeding because its properties remained shut for close to two months because of the coronavirus pandemic. Now it has notified thousands of its workers that they may be subject to staff cuts soon.

Boyd Gaming Could Cut as Much as 60% of Its Gaming Staff in Some Casinos

The company sent letters to a part of its staff as well as labor offices in different states where it operates casinos. It states that it may layoff anywhere between 25 percent to 60 percent of its workers in impacted venues. The ones who may be retained by the company may see their furlough periods last longer than six months.

The company sent the letters on May 22 and said that COVID-10 emergency related issues like

“Mandatory closures, guest limitations imposed by various regulatory authorities, and overall economic conditions”

are forcing are to opt for job cuts. The layoffs are expected to take place between July 1 and July 14.

The copies of these Worker Adjustment and Retraining Notification (WARN) letters are not available as of yet. However, 20 notices published in six states confirm that about 10,300 workers could be affected because of the company’s decisions. The Orleans Hotel and Casino in Las Vegas will be seeing over 1,800 job cuts. This will include workers in the corporate headquarters as well as the uniform laundry service of the company.

Transparency with employees

David Strow noted that the company wants to maintain transparency with its employees. He said that the company hasn’t specified the number of employees to be let go after one week of sending letters. There is still some uncertainty about business reopening dates in a few states. He said that it is very difficult to predict what business activity looks like when the properties eventually reopen. There is also uncertainty about the time it could take for a business to reach normal activity levels.

sherlock

About sherlock

Sherlock Gomes loves to write and express his views on anything related to Gaming, Gambling, & Casino. He has been covering Gaming for more than two years now.

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