Thread regarding Wynn Resorts Ltd. layoffs

Closures & Temporary Layoffs

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| 767 views | | 2 replies (last March 16, 2020)
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Employees will still get paid at Wynn
The closures follow the suspension of several hotel amenities at Wynn Las Vegas, including the buffet, poker room, sports books, clubs, spas, salons and fitness centers.

On Wynn CEO Matt Maddox announced in a video shared with employees that economic hardships will intensify for the company.

“Based on what we’re seeing, our business volumes are going to be basically empty over the next few weeks,” Maddox said. “Our hotel occupancy will be in the low teens – and that, to me, is not our concern. What our concern is that we all get through this together.”But Wynn employees won't have to worry about pay, Maddox said.

“What we’re going to do through these challenging times is make sure that all of our full-time employees – whether you’re in a closed outlet or you’re working here – will be getting their pay,” he said. “We don’t know where this is going to end, but we do know that it will.”

Wynn Resorts announced Saturday that Encore Boston Harbor will close to the public for two weeks on Sunday.

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https://www.rgj.com/story/news/2020/03/15/las-vegas-strip-resorts-now-closing-first-up-wynn-and-encore/5056092002/

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