Tuesday, May 19, 2009

M Resort lays off 100 people

With the constant streaming crowd we've seen at the new M Resort (a few miles south of Las Vegas Blvd., off St. Rose), we're a bit puzzled that they made news recently about laying off 100 people.

Any layoffs from Las Vegas casinos is newsworthy in this economy, but with M -- and any new property -- additional people are always hired to facilitate the large crowds around a grand opening.

The $1 billion M just opened in March.

With other casino conglomerates such as Harrah's or MGM Mirage or Station Casinos, workers are borrowed from sister properties, along with many temps, with the expectation of being moved or laid off after crowds settled down.

We don't know the entire story with M, but we suspect the layoffs are independent of the economy and are natural after 2 1/2 months of being in business.

The 100 people amounts to 5 percent of the 2,000 employees it takes to run the 92,000-sq.-ft. property.

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