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18,000 Employees On Furlough Just Fired By MGM Resorts

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For most people, furlough means that you are currently unemployed during a certain period, but your job will remain when you come back, depending on the reason. For MGM Resort employees, that is unfortunately not the reality anymore.

It was announced on Friday, Aug. 28, that MGM Resorts International would be sending 18,000 letters to their employees saying that they no longer have jobs at the company for now. Earlier this year, it was reported that the company's employee count was 70,000 in the United States. 

The MGM's most popular locations remain closed at this time. The decline in tourism has really taken a toll on the resort company, typically only visited by tourists, gamblers, and businessmen. Its casino location on the strip in Las Vegas have not been up toothier usual par, reportedly severely affected by the lack of incoming visitors, business groups, and restricted capacity. 

In the letter to his employees, MGM Resorts International CEO Bill Hornbuckle wrote: "The heart of this company is our employees and the world-class service you provide. Please know that your leadership team is working around the clock to find ways to grow our business and welcome back more of our colleagues.”