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MGM Mirage fires over 400 middle managers

Discussion in 'North American Land Based Casinos' started by dendrite, Apr 15, 2008.

    Apr 15, 2008
  1. dendrite

    dendrite Senior Member webby

    Occupation:
    webmaster
    Location:
    London
    The Capital Times 4/15/2008 12:31 pm
     
    1 person likes this.
  2. Apr 15, 2008
  3. winbig

    winbig Keep winning this amount. webby PABnononaccred

    Occupation:
    Bum
    Location:
    Pennsylvania
    I smell lawsuits in the air....how can they just fire people because business is bad? Shouldn't it be laid off? :rolleyes:
     
  4. Apr 16, 2008
  5. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California
    Times have changed.............no more "cause" required to fire employees as employment is "at will" on both sides (employer/employee).
     
  6. Apr 16, 2008
  7. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    It's another flag on how serious this economic downturn is - the full article from AP has a spokesman saying that visitors to Vegas - if they travel there at all these days - are cutting back on how much they spend.
     
  8. Apr 16, 2008
  9. classymom

    classymom Senior Member

    Occupation:
    Customer Service
    Location:
    Port St lucie Florida

    In Nevada they can fire you for anything and get away w/ it. My husband was a manager over 150 men at a large construction Co. One of the Vice Presidents took offense to my husband contradicting his method on a certain job in a meeting, next day they let him go.- We went to a lawyer to see if we could file a wrongful termination suit and was told that in Nevada they can fire for any reason.:mad:
     
  10. Apr 16, 2008
  11. winbig

    winbig Keep winning this amount. webby PABnononaccred

    Occupation:
    Bum
    Location:
    Pennsylvania

    That's horrible. Whatever the reason for firing - downsizing or just plain goofing off on the job - looks horrible on ANYONE'S resume`. But of course the law doesn't give a rats ass about anyone's future ability to land a job...it's all about the almighty $ the big corporations pay to lobby for laws that favor them.
     
  12. Apr 16, 2008
  13. classymom

    classymom Senior Member

    Occupation:
    Customer Service
    Location:
    Port St lucie Florida
    Not to mention really screw up someone's self esteem.
     
    1 person likes this.
  14. Apr 16, 2008
  15. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California


    Sadly, discretionary spending is usuallly the first to take a hit in a recession...............as housing and food costs rise, entertainment budgets suffer.
     
  16. Apr 17, 2008
  17. dendrite

    dendrite Senior Member webby

    Occupation:
    webmaster
    Location:
    London
    Yes, it's going to be interesting to see what happens, because people can no longer escape the temptation to spend simply by staying at home (because of the internet). Perhaps online gambling will increase at a faster rate than it would have done in better economic times? If so, then bricks and mortar casino owners will soon demand a piece of the internet gambling action.

    Perhaps the end of the UIGEA is nearer than we think?



    ps
    More on the MGM story:

     
    2 people like this.
  18. Apr 17, 2008
  19. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    "Yes, it's going to be interesting to see what happens, because people can no longer escape the temptation to spend simply by staying at home (because of the internet)."

    That's a very interesting observation imo, Dendrite. It's going to take more self-discipline for sure.
     
  20. Apr 17, 2008
  21. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California

    Or power shortages.:D
     
  22. Apr 17, 2008
  23. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Damn - do you have these black-outs, too?

    We're having a helluva problem which is impacting the national economy and causing a lot of anger against utility company execs with big paypackets and bonuses who don't appear to be doing their job too well.

    It was chaos at first - you never knew when the power was suddenly going to go off and sales of UPS units and private generators soared. At least we now have a schedule so we know when the power is going to be switched off for a few hours.

    Life in the 21st century....:mad:

    Forgot to add another irritation - power surge when the juice comes back on - it can fry appliances!
     
  24. Apr 17, 2008
  25. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California

    Our Governator (Arnold Schwarzenegger) cleaned up a huge power crisis in California and promises the rolling blackouts will not return. I feel your pain jetset...........why does the power always go out at the worst possible time????????
     
    1 person likes this.
  26. Apr 17, 2008
  27. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    From where I live, it's a 5 hour drive to an Indian casino. And a 6+ hour drive to any 'real' casinos. You're talking at least 2 tanks of gasoline for one trip. Where, once upon a time, that was no big deal, now it is. Not just because of the horrible rise in gas prices, but because of the rise in the prices of everything.

    I received notices this week that my electric bill will be increasing beginning next month, my homeowners insurance is going up, and my phone co. is going up (they have a monopoly and are milking it for everything it's worth). And all that is on top of paying more for everything from groceries to hair cuts.

    So... for the average player, what comes first? Groceries for a month or 2 tanks of gasoline to go on vacation/ gambling?

    Needless to say, we won't be going on casinos trips 3 or 4 times this year. We went last Dec. It may be Dec. again before we go -- if at all this year.
     
  28. Apr 17, 2008
  29. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    Heh hee... You guys Stateside don't realise just how good you've got it!!!!

    You must register/login in order to see the link.
     
  30. Apr 17, 2008
  31. winbig

    winbig Keep winning this amount. webby PABnononaccred

    Occupation:
    Bum
    Location:
    Pennsylvania
    :rolleyes:

    That page is 2 years old. Add at least $1 to the US listed price and that's our average now.
     
  32. Apr 17, 2008
  33. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    Add the equivalent to the UK price too... We're still about three times as much as you guys! I remember the first time I visited the States about twelve years ago and visited a petrol station where you had to pre-pay for fuel. Doing a quick calculation in my head what it would cost me to fill my car at home - I gave the guy a $100 dollar bill and he said "are you paying for everyone!?"
     
  34. Apr 17, 2008
  35. classymom

    classymom Senior Member

    Occupation:
    Customer Service
    Location:
    Port St lucie Florida

    Yes everything goes up but my pay check :mad: I was told @ my last review there would be no raises until the economy gets better - Aint that a load of crap.
     
  36. Apr 17, 2008
  37. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    Yah, but it's also legal for you guys to play online -- even have B&M casinos with online sites, right? And is it usual for Brits to drive over 6 or 7 hours just to get to the nearest casino?
     
  38. Apr 17, 2008
  39. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    Yep. Same here. I did manage to worm a little raise (very little) before the end of the year (I had an idea that the sh*t was going hit the economy fan soon). But where there used to be a little extra left at the end of the month, now there's nothing. And if things continue at this rate, it's only going to get worse. Heaven forbid that the car should need major repairs or the fridge need replacing. Expenses that, at one time, would not kill our checkbook would now cause some major problems.

    And we depend(ed) on our little bit of interest earned on savings for extra 'fun' money every year. With rates so low, that's out the window, too.
     
    2 people like this.

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