Casino Workers Cash Out
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Posted: 9:32 PM Nov 1, 2008
Casino Workers Cash Out
More than 100 workers take buyouts at Soaring Eagle Casino and Hotel.
Reporter: Associated Press
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MOUNT PLEASANT, Mich. -- More than 100 full-time employees at the Soaring Eagle Casino and Hotel have accepted voluntary buyouts.
The Morning Sun of Mount Pleasant reports workers who took buyouts by Friday's deadline received two weeks' pay for each year of service, capped at six months' pay. They also received lump sums for health insurance costs.
The Saginaw Chippewa Indian Tribe is Isabella County's biggest employer, with about 4,000 employees at the casino and other operations.
The tribe says the slowing economy is forcing the casino to cut costs. Spokesman Joe Sowmick says the tribe isn't saying how much money the buyouts are expected to save.


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