Seneca Gaming Layoffs Job Cut: layoff 210 employees

It all started with the financial meltdown, the financial crisi which went on for now over a year. In such a scenario, how can people spend on luxuries? At an extreme, how can people go to casinos and try their lick with their money? This is what is going on. So the casino giant Seneca Gaming has decided to go for a layoffs.

How many employees will be laid off in the Seneca Gaming Layoffs Job Cut?
Around 210 employees of Seneca Gaming Corporation will be laid off.

What are the primary reasons of Seneca Gaming Layoffs Job Cut?
As per the news, there are some statements issued by the officals. "Our net revenues have decreased over the past months. We've been monitoring the situation daily and have had to make these difficult decision in order to preserve as many jobs as possible," said Seneca Gaming Corporation Chairman Barry E. Snyder.

Any other developments by the Seneca Gaming Corporation?
Yes. The construction work has been suspended at the casino sites in Buffalo and Salamanaca.

Any salary cuts by Seneca Gaming ?
Yes. The Gaming Corporation has frozen salaries of salaried employees that make seventy thousand dollars or more yearly, and suspended its year end bonus program. Snyder has also asked members of the board of directors and senior management to take a five to 15 percent pay cut to help reduce the number of potential layoffs.

Let's hope that alternative jobs are available to the affected employees of Seneca Gaming Layoffs Job Cut.