In this Aug. 3, 2015, file photo, a man rides his bike past the MGM Grand hotel and casino in Las Vegas. Casino giant MGM Resorts International announced Thursday, May 30, 2019, it’s completing planned layoffs with 779 job cuts, mostly in Las Vegas. John Locher / Associated Press
Skift Take: MGM Resorts tried to get ahead of the curve by downsizing before a potential economic downturn hits. The hospitality company can now focus on developing new experiences and products to drive revenue and truly future-proof its business.