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Layoffs at Wynn Las Vegas | Business

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Layoffs at Wynn Las Vegas

LAS VEGAS -- Steve Wynn, president and CEO of Wynn Resorts, says the company is laying off 220 hourly wage employees and 41 salaried employees from both the Wynn and Encore resorts. Wynn says the job cuts will happen in every department at both Wynn and Encore. The cuts represent three percent of the company's workforce. Officials with the company met with staff on Tuesday to inform employees who will be losing their jobs.

Billy Manning was one of those workers. He worked as a craps dealer at the Wynn since it opened five years ago. "They didn't explain anything," Manning said. "They didn't tell us nothing. They just told us that they eliminated our positions… I don't need a job. My family needs a job. That's the problem. I mean, I can always do whatever, but I have a family. I have to support people, and he just took that away from me."

Wynn says the company decided to cut jobs, because morale was low among employees who had their wages & hours reduced. But, Manning believes Wynn Resorts may have a different reason for the cuts, particularly among dealers. "He just got rid of the day one people. He didn't want us. We organized. That's his problem," Manning said.

Jackie Haule still has her job, but says two people in her department are now unemployed. "I overheard that the people being called in to be terminated that they were leaving crying," Haule said. "It's kind of hard to deal with, especially the way this economy is to see this going on."

Wynn says as a result of the layoffs, 3,700 employees who agreed to cuts in salary or hours will have those hours and wages restored. A meeting is scheduled Wednesday regarding those restorations. Wynn says he is not anticipating more layoffs. He adds that should business improve, he will look to rehire workers who were let go.

That is little comfort for workers like Manning. "They're telling me that I am eligible for re-hire, but I'll never work for the man again. You know, it's not happening. I'm not working for him," Manning said. Manning is also worried about finding another casino job in Las Vegas. "Here's the problem. None of these places are going to want to touch me, because I worked at the Wynn," he said.

Wynn says the move to restore hours and wages for existing workers will cost the company an additional $7.7 million.


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