Foxwoods lays off some workers
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Connecticut’s Foxwoods Resort Casino is laying off just under 2 percent of its work force, the Indian tribe that runs the resort announced.
The layoffs affect hourly workers and middle management at the casino, which employs 10,000 employees.
According to a story at newsday.com:
The job cuts come just a month after Foxwoods opened its MGM Grand casino, which is not affected by the layoffs. The new casino helped Foxwoods boost its net slot win in May by nearly 8 percent from a year ago to nearly $73 million, reversing an eight-month decline.
David Cadden, a business management professor at Quinnipiac University in Hamden, said the job cuts show how much the weak economy is affecting consumer behavior.
“To me it’s an indication some of the hard core gamblers are curtailing their expenditures,” Cadden said.
The story goes on to say the other casino based in Connecticut, the Mohegan Sun, has no plans to cut jobs and has trimmed its work force via attrition.
