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IGT Lay Offs

Just a few months ago everyone was talking about how some of the biggest names in slot machines were having problems but that International Game Technology seemed to be doing well for themselves. The slot machine manufacturer seemed to diversify enough that they didn’t have to worry about the economy and while everyone else was scrambling they seemed to be playing it cool.
 
However, it seems underneath it all they were having the same problems as everyone else is. The slot machine manufacturer has been quietly laying off people. Earlier today the company announced that they were laying off 161 employees from their domestic and international work force.
 
The slot machine manufacturer is the largest private employer in the county and if they are having problems that equate to massive lay offs then the county could be in big trouble. If they end up closing that location thousands of people will be out of jobs. As they let go more people, the questions were invariably rising, what will the county do without them for an employer?
 
They also let go about 300 employees in Reno last November, and another 500 globally around the same time. Then in January they let go 200 more people. The slot machine company is simply trying to be more efficient, and they say that right now part of their problem is having too many employees. They did not say if there would be more coming, but one can be assured that with a pattern like this that there probably will be.

 

 

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