More than 300 layoffs expected in O'Sheas closure - FOX5 Vegas - KVVU

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More than 300 layoffs expected in O'Sheas closure

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LAS VEGAS (FOX5) -

O'Sheas is known for its casual party attitude and cheap booze. As of April 30, O'Sheas will close and its employees will be out of a job.

In a memo given to workers a few days ago, Caesars Entertainment, the company that owns O'Sheas, says it won't be able to keep all employees.

"The employees have been aware that the existing O'Sheas was going to be part of the new Linq Project," said Jan Jones, senior vice president of communications and government affairs with Caesars Entertainment.

The Linq Project will turn the street between O'Shea's and Flamingo into an outdoor shopping and dining area. The focal point of the project will be a giant observation wheel.

"We always are distressed when we have to let employees go," said Jones. "We have to really look that we're building to the future."

For Caesars Entertainment, the future includes a reincarnation of O'Sheas as part of Linq that will open in 2013.

Whatever the new O'Sheas looks like, UNLV gaming expert David Schwartz says it should have little of the old O'Sheas to be successful.

"A lot of people are really attracted to the people that work there and really have bonded with the people who work there," said Schwartz. "Also, creating (an) atmosphere, maybe a little bit lower rent, a little bit less pretentious, a little bit more fun."

Caesars Entertainment said there will be meetings in the next few days to try to place some O'Sheas employees at other properties, but they won't get any special consideration.

"You just had a lot of people lose their job at the Sahara when that closed, and we have no idea if that's going to reopen, if it ever does," said Schwartz. "Unfortunately, this does happen where people are displaced because something new is supposed to be coming along."

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