Fontainebleau Las Vegas is struggling to stay afloat after lenders pulled $770 million in financing, and now employees are suffering.

The company has let go part of its corporate staff, including information technology and marketing employees. Workers on the site have also been laid off until funding flows back to the project. And news came late last month that CEO and president Glenn Schaeffer was leaving the company, too.

Fontainebleau developers are also being sued by CCCS International, a construction consulting firm that was fired after discovering fraudulent billing practices within the company. CCCS alleges that it is owed more than $1 million for services rendered. Fontainebleau executives said the firm was fired for not doing its job.

By Casino Connection Staff