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Trump Casinos Lay off 250 Employees - ABC News

Thursday, 02 December 2010 07:07 administrator
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Trump Entertainment Resorts Inc. has laid off about 250 employees at its Atlantic City casinos.

Chief Executive

Officer Bob Griffin says those laid off include executives and hourly workers at Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino and Trump Marina Hotel Casino.

Griffin told The Press of Atlantic City that Wednesday's cuts are expected to be the last in the company's restructuring. However, he wouldn't rule out future layoffs if needed.

Trump Entertainment emerged from Chapter 11 bankruptcy protection in July under the new ownership of corporate bondholders.

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Information from: The Press of Atlantic City, http://www.pressofatlanticcity.com

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.



Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF2JECFCThv5sb2fnH_7Yfr3zD62w&url=http://abcnews.go.com/Business/wireStory?id=12293364

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