Major Layoffs Hit Senior Staff at Venetian and Palazzo Casinos
The Venetian Expo Center, the poker room, and the new high-limit room are among the areas of the project that are already completed and operational. However, the casino has recently announced layoffs across multiple departments as part of a $1.5bn upgrade for the casino.
In a bid to streamline its organizational structure, the Venetian has made a decision to reduce leadership and management positions. This change was made with thoughtful consideration and guided by the Venetian's core values. The layoffs affected senior-level staff working in management across departments such as hotel operations, marketing, and casino hosts.
The Venetian has stated that fewer than 50 out of more than 8,500 employees were affected by the cuts. The severance packages at the Venetian are reported to be dependent on position, seniority, and time of service. Some former employees have described the severance packages as "inadequate".
Fontainebleau Las Vegas has also made layoffs recently, affecting staff members across multiple departments. Employees at Fontainebleau were issued just two weeks of severance pay, regardless of their position or seniority.
This move by the Venetian and Fontainebleau Las Vegas to make layoffs is part of a larger trend in the Las Vegas casino industry. Visitor numbers and casino revenues are declining substantially in 2025, with about 1.5 million fewer visitors compared to 2024 and a 28.7% drop in revenue per available hotel room.
Casinos off the Strip, such as Poker Palace in North Las Vegas, are closing and laying off workers. Downtown casinos like Golden Gate are streamlining operations by removing live dealer tables in favor of electronic games, resulting in job shifts but also some layoffs of dealers.
Strip operators are experiencing lower hotel occupancy and reduced revenue, citing a slump in demand and cautious optimism for later in the year. Despite these challenges, the Venetian remains committed to delivering exceptional service and remaining agile in a rapidly evolving industry. The casino remains committed to supporting all affected Team Members and positioning the company for continued growth and success.
As of August 2025, there are no specific recent reports of streamlining or layoffs directly at The Venetian or Fontainebleau Las Vegas. The environment remains challenging, with economic pressures prompting closures and worker reductions mainly off-Strip or in smaller, older properties.
In response to the $1.5bn upgrade, the Venetian has implemented layoffs to streamline its organizational structure, primarily in departments such as hotel operations, marketing, and casino hosts – areas that don't directly contribute to the casino's core business, which includes finance and operations.
Despite the challenging economic environment, The Venetian continues to prioritize exceptional service, investment in its business, and support for all affected employees in the face of layoffs.
