|
Published: December 03, 2008 12:22 am
CASINOS: Seneca Gaming Corp. to cut 210 jobs; struggling economy blamed
By Mark Scheer E-mail Mark
Greater Niagara Newspapers
The struggling economy has evidently caught up with the local gaming industry.
The Seneca Gaming Corp. announced on Tuesday plans to lay off a total of 210 of the 4,800 employees who work at its casino operations in Niagara Falls, Buffalo and Salamanca. In addition, the company plans to suspend its year-end bonus program and implement salary reductions for members of its board of directors and senior management. Salaried employees earning more than $70,000 will also have their wages frozen. The corporation said it will provide severance to employees, depending on their position and levels of seniority.
In a statement issued Tuesday by the Gaming Corp.’s public relations firm, Travers Collins & Co., Seneca Gaming Chairman and Seneca Nation President Barry E. Snyder Sr. said the workforce cutbacks were in response to a continued decrease in recent months in the company’s net revenues, which he said have been impacted by the current negative economic climate.
“We are confident in the strength of our long-term business model but have to be realistic about what is happening in the economy locally, regionally and nationally and how that impacts discretionary spending,” Snyder said. “Our net revenues have decreased over the past several months. We’ve been monitoring the situation daily and have had to make these difficult decisions in order to preserve as many jobs as possible.”
Snyder said he has asked all members of the board of directors and senior management to take pay cuts from 5 percent to 15 percent in an effort to avoid additional layoffs.
Officials from the Gaming Corp. claimed the measures they took were “not unusual” in today’s economic climate and noted that gaming operations throughout the country have announced significant layoffs or have postponed development plans in recent months.
Seneca Gaming Corp. President and Chief Executive Officer Brian Hansberry said the company has attempted to be proactive during the previous six months in an effort to keep operating costs under control. Unfortunately, he said, the company had to move forward with the layoffs and wage adjustments which senior managers were hoping to avoid.
“I believe we will weather this economic downturn,” Hansberry said.
Contact reporter Mark Scheer at 282-2311, ext. 2250
|
|
|
|
 |
Maintenance Technician
MAINTENANCE Technician, FT, exp. needed in electrical, plumbing, heating & cooling, Apply in person bet. 9 & 5 at 6751 ...>MORE
Customer Service
CUSTOMER SERVICE: Altitude Marketing is one of Dish Network’s top national retailers and has immediate FT customer...>MORE
INSURANCE - CSR with Personal Lines exp., for Lockport area. $25,000 salary. 433-7504...>MORE
BILINGUAL PHONE INTERVIEWER
Bilingual Telephone interviewer. Surveys for insurance policy review. Spanish/English a Must. ft/pt & Sat. No sales/coll...>MORE
Warehouse
Warehouse, Assembly Production & Cleaning 1st, 2nd & 3rd shifts Sanborn, Grand Island Amherst & Tona...>MORE
Grill Cook
GRILL COOK & Waitresses, exp only, full time. Apply within 2021 Main St. Nia Falls ...>MORE
PHONE SALES
PHONE sales, great pay, exp. a plus, nice NT office, FT/PT, hrly. +, Pete or Mike, 694-1251...>MORE
Hospitality/Tourism Instructor
Hospitality/Tourism. NIAGARA COUNTY COMMUNITY COLLEGE is seeking applications for part-time instructor to teach hospita...>MORE
Nurse Practitioner
NURSE PRACTITIONER-CARDIOLOGY. Full time. NYS license with one year of recent coronary care or cardiovacular care experi...>MORE
SHIPPING CLERK
Shipping Clerk, p/t, 30-35 hrs. wk., exp. in warehouse environment, knowledge of Word/Excel, data entry, UPS, freight ch...>MORE
See all ads |
Yamaha 1982, 750
YAMAHA 1982, 750, runs perfect, low mileage, $895. 716-525-2889...>MORE
1999 Dodge Caravan
DODGE 1999 Caravan, 33, V6, auto, A/C, 99k miles, good cond., runs great. $1950. 525-7796...>MORE
Ford 1999 Windstar
FORD 1999 WIndstar, LX, fully loaded, 38k miles, $3850. Excellent condition 860-4747...>MORE
Dodge 1993 Dakota 4x4
FORD 1999 WIndstar, LX, fully loaded, 38k miles, $3850. Excellent condition 860-4747...>MORE
Monte Carlo Z24 1998
MONTE CARLO Z24, 1998, runs good, average miles, excellent shape, $1800 , 990-2303...>MORE
1996 Ford Escort
FORD 1996 Escort 4 cyl, 2 dr, exc cond in & out, no rust, 1 owner, only 61k orig mi, $2195. 523-7102...>MORE
Ford 1998 F150
FORD 1998 F150, standard cab, 4wd, excellent shape, $3495. 716-525-2889...>MORE
Ford 2001 Taurus
Ford 2001 Taurus Station wagon, well maintained, 112,000 miles Siver ext. 4 dr, auto, asking $2800/BO. 716-772-2454....>MORE
See all ads |
|
See all ads |
|
 |
|