Harrah’s Entertainment cuts hundreds of jobs at Atlantic City properties - Breaking News

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Oct. 31, 2008
Copyright © Las Vegas Review-Journal

Harrah’s Entertainment cuts hundreds of jobs at Atlantic City properties

By ARNOLD KNIGHTLY
REVIEW-JOURNAL

Harrah’s Entertainment has cut hundreds of jobs at three of its four Atlantic City properties due, partly, to the slowing economy.

Employment figures compiled by New Jersey regulators indicate hundreds of jobs have been cut at Bally’s Atlantic City, Caesars Atlantic City and Showboat Casino Hotel, according to the Press of Atlantic City.

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The fourth, Harrah’s Atlantic City, added jobs due to a $550 million expansion completed this year that included a new hotel tower.

State records show Bally’s had 502 fewer workers in September compared with the same month last year, while Caesars was down 207 employees. The four properties had 16,034 workers in September.

The company said the market is being hurt by the economy, competition from neighboring states, and a casino smoking ban, which was recently lifted for a year.

The world’s largest casino operator by revenue has cut nearly 1,850 jobs and reduced hours at its eight Strip properties and its corporate offices in Las Vegas this year.

The company said in October, 21,849 full-time employees work locally at the Rio, Caesars Palace, Paris Las Vegas, Bally’s, Bill’s, Flamingo, Imperial Palace and Harrah’s.

That number does not include workers at the corporate offices in Las Vegas.

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Please enter your name Name: Please enter your email Email: Please enter a comment COMMENTS : (word count limit is 300) You have reached the maximum number of words allowed Current Word Count: Note: Comments made by reporters and editors of the Las Vegas Review-Journal are presented with a yellow background. matts7052 wrote on October 31, 2008 08:29 PM: Harrah's Tahoe has laid off over 700 in small rounds and reduced hours for hundreds more. Reno is in such pitiful shape that they just totally eliminated marketing. The problem with Harrah's is that the massive debt load coupled with really bad investments (can we say $800 million for The Rio was a wise move!?) leaves them in a position to where they can't afford economic swings. They have lost nearly half a billion in the first half of the year, and I suspect it will be even worse when they announce results next week. Perhaps if they quit footing the bill for Gary boy to fly back and forth to Boston or the countless other 'executives' that refuse to live in Vegas yet bill the company for commuting back and forth to New York, etc., they would have a little more breathing room! Bob Stolz wrote on October 31, 2008 06:49 PM: See... There are jobs here. Too many!!! Pastry Chef Tournant - Paris - new Harrah's Entertainment - Las Vegas, NV increase productivity. Monitor and control food costs through ordering and inventory control. Maintain cleanliness of work station to hotel standards. Report... From Harrah's Entertainment - 5 hours ago - save job - block - email - more... View all Harrah's Entertainment jobs in Henderson, NV 89052 Salary Search: Pastry Chef Tournant - Paris salaries in Las Vegas, NV More information about Harrah's Entertainment Related forums: Harrah's Entertainment - Las Vegas, Nevada Table Games Supervisor - Caesars Palace - new Harrah's Entertainment - Las Vegas, NV assigned shift, placing special emphasis on guest service, security of Harrah’s assets and positive employee motivation and coaching. Essential Job Functions... From Harrah's Entertainment - 5 hours ago - save job - block - email - more... View all Harrah's Entertainment jobs in Henderson, NV 89052 Salary Search: Table Games Supervisor - Caesars Palace salaries in Las Vegas, NV More information about Harrah's Entertainment Related forums: Harrah's Entertainment - Las Vegas, Nevada Restaurant Manager - Augustus Cafe - new Harrah's Entertainment - Las Vegas, NV as to policies and procedures... OTHER DUTIES: 1. Review supply inventory reports and orders necessary items. 2. Resolve guest complaints as he/she... Bobby wrote on October 31, 2008 06:34 PM: I love the fact that people are being forced to stop gambling (donating) at these "crooked games of chance" casinos. I hope they all go empty! These Casino will not accept any bettor who might win..... And because of that none of them deserve to stay in business in this country. Get all of them out of here and rip off another group of people some where else. I am hoping this is America waking up to how retarded gambling with these thieves really is.... I can only hope! jake wrote on October 31, 2008 05:53 PM: hey its not just AC and LV how about foxwoods they are laying off 750 people and more to come i frequent both LV and Foxwoods and latewly both places are empty the only good thing is those of us who can afford to still gamble are getting tons of comp's (free rooms meals gas cards etc etc) even foxwoods has shut down the road consteuction project they were building and forget construction jobs in vegas the iron woekers are all out of work and if the gameing tax increase doesn't pass in vegas teachers will be next Signature@MGM Grand wrote on October 31, 2008 04:48 PM: MGM layed off more people today in Las Vegas and we are being told there will be alot more layoffs next week. MGM/Mirage is run by scumbags and they laying off loyal, hard working people right in time for the holidays! Real nice. Bobby wrote on October 31, 2008 04:43 PM: Then we should eliminate the leach stock holders that are doing nothing more than taking money away from the working people and giving it top them just because they have extra money. These leach's (stock holders) are what's wrong with this freak money system that only destroys the working people!!!! disgusted is an idiot wrote on October 31, 2008 04:09 PM: Publicly traded companies have a legal obligation to their stock holders not the economy in which they operate. Learn some facts before you speak. Former HEI Employee wrote on October 31, 2008 03:55 PM: NJ has stronger gaming and union laws. This is just more of the same BS HEI is doing throughout the nation, especially impacting the LV market. God Bless Gary Loveman and his Celtics. That is the new face of Harrah's/Caesars... Paul wrote on October 31, 2008 03:53 PM: How come your not reporting the mass layoffs that took place last week at MGM Mirage due to the stupidity of their executives who couldn't run a bath? Harrah's employee wrote on October 31, 2008 03:09 PM: It sucks for the workers that are being let go... but the property I work at was so overstaffed it was counterproductive and wasteful. This should have happened regardless of the economy. Read All Comments