The Impact of the COVID-19 Pandemic

Boyd Gaming lays off at least 2,500 Nevada employees

The employees in the layoff are ones who were previously furloughed and not called back to work.
2020-07-14
Reading time 59 seg
Boyd Gaming confirmed the company would move forward with permanent layoffs to a portion of its workforce on Monday.

Boyd Gaming, the owner and operator of 10 casinos in the Las Vegas valley, says that it has laid off at least 25 percent of its workforce in Nevada, amounting to at least 2,500 employees. The employees in the layoff are ones who were previously furloughed and not called back to work.

A statement from the company said the decision was difficult and they would financially assist the employees included in the layoff.

"As was previously reported, in May we issued WARN Act letters advising certain team members of the possibility of layoffs in July. While we have been able to reopen most of our properties since that time, we are still facing significant restrictions on our business, and visitation levels remain well below pre-pandemic levels," the statement from Boyd said.

As of Monday, a Boyd spokesman said the company has reopened nine of their Nevada properties. Main Street Station, Eldorado and Eastside Cannery remain closed.

The company did not confirm how many employees would be notified, but said it was on the lower end of the range of the WARN Act letter, which was cited between 25% and 60%.

Boyd’s May letter said it was unable to give a full 60 days notice, citing the pandemic’s “sudden, unforeseeable and dramatic impact” on business.

The company will pay severance packages and extend health benefits at no cost through July 31.

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