Uncasville, Connecticut (AP)
The Mohegan Sun casino is cutting the pay of all 9,800 employees to reduce costs in a deteriorating economy, but plans to avoid layoffs.
The Mohegan Tribal Gaming Authority announced during Janauary that it will cut pay for vice presidents and senior management by 10 percent, middle managers’ pay by 7.5 percent and the pay for nonmanagement salaried and hourly employees by 4 percent. The cuts will be take effect Feb. 1.
The Mohegan Sun casino is cutting the pay of all 9,800 employees to reduce costs in a deteriorating economy, but plans to avoid layoffs.
The Mohegan Tribal Gaming Authority announced during Janauary that it will cut pay for vice presidents and senior management by 10 percent, middle managers’ pay by 7.5 percent and the pay for nonmanagement salaried and hourly employees by 4 percent. The cuts will be take effect Feb. 1.