Foxwoods CEO loses job as layoffs loom

MASHANTUCKET, Conn.—The tribe that runs Foxwoods Resort Casino says its chief executive officer is among 700 people losing their jobs because of cost-cutting.

The Mashantucket Pequots say Patricia Irvin’s last day as CEO was Friday. Irvin, a former Wall Street attorney and Pentagon official, was hired less than a year ago.

The tribe says about 700 workers will be laid off by Oct. 17, part of a plan to cut costs in the lackluster economy.

The CEO duties will be shared between the tribe’s acting president and the general manager of its MGM Grand facility.

In a statement released by the tribe, Irvin said she admires the tribe for its accomplishments and wishes it good luck in the difficult economic climate.