To reach $300M by 2021, MGM will lay off staff

MGM wants to get $300 million by 2021 and knows exactly how to get it. According to the company’s ‘MGM 2020’ plan, the bulk of $200m profit that it expects to get by 2020 will come from “labor savings.” A Las Vegas Review Journal report stated the company would cut as much as 3% of its 71,000 staffers. Those who are in the chopping block include employees who have the rank of manager and above and union members.
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MGM to swing layoff axe to boost earnings by $300m by 2021
Off with their heads

The Story

MGM wants to get $300 million by 2021 and knows exactly how to get it. According to the company’s ‘MGM 2020’ plan, the bulk of $200m profit that it expects to get by 2020 will come from “labor savings.” A Las Vegas Review Journal report stated the company would cut as much as 3% of its 71,000 staffers. Those who are in the chopping block include employees who have the rank of manager and above and union members.

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PRESS RELEASE

2018 summary of eSports bookmaker LOOT.BET

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Congratulations to Dr. Laila Mintas for being appointed as the chairperson of Bet.Works’ Advisory Board! The multi-awarded doctor most recently served as Deputy President for Sportradar US.
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