Thread regarding Boyd Gaming Corp. layoffs

Now it's listed as 2500

https://news3lv.com/news/local/boyd-gaming-lays-off-at-least-2500-las-vegas-employees

Boyd Gaming lays off at least 2,500 Las Vegas employees
by Cody MillerMonday, July 13th 2020
AA

Boyd Gaming Execute Chairman Bill Boyd speaks during Sam's Town's annual debut of its Mystic Falls Park "Winter Wonderland and Laster Light Show" Wednesday, November 21, 2018. CREDIT: Sam Morris/Las Vegas News Bureau

LAS VEGAS (KSNV) — Boyd Gaming, the owner and operator of 10 c-sinos in the Las Vegas valley, says that it has laid off at least 25 percent of its workforce in Nevada, amounting to at least 2,500 employees.

The mass layoffs come as most businesses hold in Nevada at Phase 2 with the exception of bars that do not serve food.

Boyd Gaming had filed WARN Act letters to advise employees of the possibility of layoffs in May when heavy restrictions were still in place and c-sinos had not yet reopened.

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In the letter, filed with the Nevada Department of Employment, Training and Rehabilitation, the company said that it could permanently layoff 25 percent to 60 percent of its workforce.

“While we have been able to reopen most of our properties since that time, we are still facing significant restrictions on our business, and visitation levels remain well below pre-pandemic levels,” the company said in a statement. “Given these ongoing challenges and continued uncertainty, we are moving forward with permanent layoffs of team members who were still on furlough and had not been recalled to work. These layoffs are at the lower end of the range outlined in the WARN Act letters issued in May. We are notifying affected team members as expeditiously as we can.”

A spokesperson with the company would not confirm the exact number of employees that were affected.

The company says that it will be providing financial assistance to those who are laid off “during this difficult time.”

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While the WARN Act typically requires companies to give at least 60 days’ notice, Boyd Gaming said that it was unable to meet the deadline due to the “sudden, unforeseeable and dramatic impact” the pandemic had on its business.

Along with the 10 properties in Las Vegas, Boyd Gaming holds another 19 properties, accounting for about 24,000 employees as of Jan. 1, across the country that also faced layoffs.

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