The Venetian, ranked among the top 10 casinos in Las Vegas, has now announced that it is laying off “less than 50” employees, after a continuous decrease in profit.
This comes amid a slowdown in the Las Vegas Strip economy, with visitors at an all-time low. This is not the first time The Venetian has laid off people this year, as reported by Vital Vegas, a local publication.
The Venetian Has Been Trimming Its Workforce, Hoping no No-one Would Notice
The current downturn could be even worse than what the property went through during the COVID-19 pandemic. Yet, The Venetian isn’t the only casino announcing layoffs – Resorts World and Fontainebleau, two other prominent casinos on the Strip, have also made similar announcements.
In a Tweet by Vital Vegas, the local publication recalls that The Venetian had another round of layoffs in July:…