Atlantic City, New Jersey – Nearly 3,000 employees will lose their jobs when Trump Taj Mahal closes after Labor Day


Posted on the 11th of August 2016

Atlantic City, New Jersey – Nearly 3,000 employees will lose their jobs when Trump Taj Mahal closes after Labor Day

Ever since workers at the Trump Taj Mahal went on strike on the 1st of July, the casino hasn’t been doing very well. The strike, which is the longest running worker strike in the history of Atlantic City is a result of failed contract negotiations between UNITE HERE Local 54 and the current owner of the Trump Taj Mahal Carl Icahn over issues pertaining to health benefits, pensions, unpaid vacation time and stagnant hourly wages. With the casino losing millions of dollars every month, and “no path to profitability” due to the ongoing strike, a decision was made to close Trump Taj Mahal after Labor Day.

“Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability. Our directors cannot just allow the Taj to continue burning through tens of millions of dollars when the union has single-handedly blocked any path to profitability. Unfortunately we’ve reached the point where we will have to close the Taj.” explained Tony Rodio, president and CEO of Tropicana Entertainment Inc.

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