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US – MGM prepares to layoff 18,000 members of staff with promise to rehire

MGM Resorts International has started the process of laying off 18,000 employees across the US, equating to about a quarter of its domestic workforce. Federal legislation dictates that companies must send layoff notices to furloughed employees that have not been brought back after six months. MGM Resorts CEO Bill Hornbuckle said the operator would rehire…