Wynn: Chips are down, but layoffs aren't in the cards

05/5/2008 | GlobeSt.com

Las Vegas resort mogul Steve Wynn said his company will not reduce its work force or service levels, despite a slowdown in domestic business. Wynn Resorts had a 20% drop in first-quarter profit, but the hotelier said noncasino revenue was up, largely due to foreign tourists taking advantage of the weak dollar.

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