Trump Plaza's New Owner Gives Layoff Notice to 1,400 Workers

Trump Plaza layoffs job cutsATLANTIC CITY -- Notice has gone out that more than 1,400 employees could face layoffs at Atlantic City's Trump Plaza Hotel and Casino. Officials say the notice is a formality in advance of the sale of Trump Plaza to the Meruelo Group for $20 million. State law requires 60 days' notice of closings and layoffs.

Meruelo Group president Xavier Gutierrez tells The Press of Atlantic City that the company intends to keep most Trump Plaza employees. He declined to go into detail.

The sale is expected to close in May. Once the centerpiece of Donald Trump's Atlantic City empire, Trump Plaza was considered a bargain basement deal, the lowest amount ever paid for a casino, and a comedown for the flamboyant developer. Unemployment in Atlantic City is among the worst in the country, with 20 percent unemployed, but even so, The Trump Plaza is the worst-performing casino in Atlantic City, according to NBC.

Atlantic Club Casino Hotel in Atlantic City filed similar notice in January that 1,729 employees may lose their jobs as part of a pending sale to the world's largest online poker website. The company said no job cuts are planned.


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estix50

The beatings will continue until moral improves.

September 07 2013 at 9:16 PM Report abuse +1 rate up rate down Reply
JOHN LAWRENCE

Donald.... This is what I call Karma all the way around. You really made my weekend. I hope your show goes off the air, so I will start watching NBC again. I boycott by calling every sponser your show promotes.

March 15 2013 at 1:00 PM Report abuse rate up rate down Reply
toots822

back in 1996 i went there with my new car had valet parking when i got my car back i had a small dent in door which was not there before i reported it but they would not cover it so i swore i would never go there again and i am glad they are doing so bad i wrote a letter to trump of course he never replyed the door still has dent but now my grandson is driving it it is a 1995 monte carlo

March 15 2013 at 12:54 PM Report abuse rate up rate down Reply
storytellerjmc

Atlantic City has too many casinos. The gaming industry continued to build and expand, even as competition
was built as close as the Poconos, Chester PA, Connecticut, and New York State. Harrah's itself expanded
beyond belief; at the same time building in nearby Chester PA. Next step will be permanent closure of the weakest of the lot. As for the fiction that the casinos would remake Atlantic City: pure 100 percent nonsense.

March 15 2013 at 12:39 PM Report abuse rate up rate down Reply
Dave

Trump is not the only casino seeing down turns in business in Atlantic City and there are several reasons for it that the article does not mention. For the longest time, Atlantic City, was the only near bye option for legal gambling in the Northeast and that is no longer the truth. With two casinos now operating in Connecticut, legalized gambling in the Pocono Mountain resorts and now the advent of gaming locations in New York, including NYC( not a full service casino), players are choosing to stay closer to home or visit alternative sites. A winter getaway to the mountains for skiing or snow mobiling along with the casino availability or a trip down the Jersey Shore to Atlantic City where there is nothing but he casinos ? Kind of a no brainer there.
This should not be an indictment of Trump or his business prowess. It should however make the local residents and business owners look towards the City and State governments who vowed to make infrastructure improvements in Atlantic City and have renegged on those promises.

March 15 2013 at 9:30 AM Report abuse +2 rate up rate down Reply
jetfanglo

Oh, nooooooooo...............who t f cares?

March 15 2013 at 9:21 AM Report abuse -1 rate up rate down Reply
Tom Harrell

I can just See it.
President Donald Trump announced today the he is SELLING the United States for an Estimated $16 TRILLION dollars and the NEW owners will be laying off 6.8 Million "Unessential" workers to make WAY for President 'DONALDS" new Immigration Policy.

March 15 2013 at 7:23 AM Report abuse -2 rate up rate down Reply
appletague

Donald. You're fired!

March 15 2013 at 1:47 AM Report abuse rate up rate down Reply
1 reply to appletague's comment
Mary

Donald not so good making money is he

March 15 2013 at 11:13 AM Report abuse rate up rate down Reply
realrambo

DONALD YOU ARE FIRED FOR INCOMPETENCE !
by the American People , you might want to file for piolitical azylum in Scotland , Sorry you are not welcome there either , might want to try France........

March 15 2013 at 1:32 AM Report abuse rate up rate down Reply
RXTOXICWASTE

Bankruptcy three times and still a multi millionaire, must be doing something right.

March 14 2013 at 10:33 PM Report abuse +3 rate up rate down Reply
2 replies to RXTOXICWASTE's comment
realrambo

Yes screwing the tax payers

March 15 2013 at 1:33 AM Report abuse -1 rate up rate down Reply
Mary

yeah Donald using thee bankrumphy court to his advantage

March 15 2013 at 11:15 AM Report abuse +1 rate up rate down Reply

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