MGM Resorts to furlough 140 management positions

 Vehicle traffic on Tropicana Avenue passes by MGM Grand Hotel & Casino on the Las Vegas Strip amid the spread of coronavirus (COVID-19) on August 28, 2020 in Las Vegas, Nevada.
Photo credit Ethan Miller/Getty Images

Las Vegas, NV (KXNT) - MGM Resorts International will be furloughing 140 management positions, effective on Monday.

The move comes due to low visitor volume due to the coronavirus pandemic.

In a statement MGM said that it was optimistic that with vaccine distribution and other developments, the company will return to higher business levels and staffing soon.

The announcement from MGM was the second of its kind last week. The M Resort also announced similar layoffs, likewise blaming the move on reduced visitation due to the pandemic.