Bloomberg.com, 13 May 2009, Beth Jinks
May 13 (Bloomberg) -- Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, plans to cut as many as 4,000 more jobs in Macau and Hong Kong after halting construction on its $12 billion Cotai Strip development.
Between 3,000 and 4,000 jobs will be eliminated by September, on top of the company’s workforce reduction to 17,500 from “close to 20,000” at its headcount peak in Macau, new Chief Operating Officer Michael Leven said in an interview.
Read More
