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Atlantis Lays Off 800 In Bahamas To Fund $20M Dubai Party

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Atlantis Lays Off 800 In Bahamas To Fund $20M Dubai Party

Postby Ombudsman on Mon Nov 24, 2008 6:08 pm

Well, it wasn't quite planned that way but that is how it worked out:

Two weeks ago, Mr Kerzner laid off 800 staff, about 10 per cent of the workforce, at his Atlantis resort in Bahamas.

“It was a very unhappy conversation I had to have with the Prime Minister and Government, but in order to maintain the viability, one must adjust to the changing circumstance,” he said.


Click here - http://business.timesonline.co.uk/tol/business/movers_and_shakers/article5218886.ece - for news article and here - http://news.bbc.co.uk/newsbeat/hi/entertainment/newsid_7741000/7741908.stm - for party pics and here - http://www.metacafe.com/watch/yt-nF7jnCcKpPM/the_grand_opening_of_atlantis_dubai/ - for video.
Dum tempus habemus operemur bonum
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