{"id":460,"date":"2025-09-02T14:20:26","date_gmt":"2025-09-02T14:20:26","guid":{"rendered":"http:\/\/www.sourceforterminals.com\/?p=460"},"modified":"2025-09-05T15:17:04","modified_gmt":"2025-09-05T15:17:04","slug":"the-venetian-las-vegas-has-reportedly-laid-off-workers-due-to-slow-business-unionization","status":"publish","type":"post","link":"http:\/\/www.sourceforterminals.com\/index.php\/2025\/09\/02\/the-venetian-las-vegas-has-reportedly-laid-off-workers-due-to-slow-business-unionization\/","title":{"rendered":"The Venetian Las Vegas Has Reportedly Laid Off Workers Due to Slow Business, Unionization"},"content":{"rendered":"

The post The Venetian Las Vegas Has Reportedly Laid Off Workers Due to Slow Business, Unionization<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n

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The Venetian reportedly laid off workers in July because of a business slowdown and in anticipation of higher labor costs from upcoming new union contracts. This comes after it got rid of numerous senior employees in November<\/a>. Vital Vegas posted on X about the rumors:<\/p>\n

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Quiet layoffs continue at Venetian. Started in July, another cut last week (always fewer than 50 to avoid WARN Act requirements). Business reportedly down 10-15%, also bracing for higher labor costs associated with new union contracts.<\/p>\n

\u2014 Vital Vegas (@VitalVegas) September 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The Venetian was the last Las Vegas Strip casino to have unionized workers, with a deal finally struck in August<\/a>.<\/p>\n

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negotiators warned that the increasing labor costs could lead to layoffs<\/p>\n<\/blockquote>\n

The first union agreement will see workers receive a 32% pay bump over five years; the property\u2019s negotiators warned that the increasing labor costs could lead to layoffs.<\/p>\n

Las Vegas Sands owned The Venetian before agreeing to sell to Apollo Global Management and VICI Properties in March 2021 for about $6.25bn<\/a>.<\/div>\n

Lower occupancy rates and visitor numbers in Las Vegas are well documented: July\u2019s visitor figures showed a 12% year-on-year drop.<\/p>\n

The Venetian isn\u2019t the first major casino to let go of workers in recent months. The Fontainebleau got rid of dozens of table game dealers in May<\/a>, and both Resorts World and MGM Resorts also laid off workers.<\/p>\n

The post The Venetian Las Vegas Has Reportedly Laid Off Workers Due to Slow Business, Unionization<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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