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NASHVILLE, Tenn. — Gaylord Entertainment Co. is laying off more than 1,700 employees as a result of flooding that inundated the Opryland Resort, the Grand Ole Opry House and other properties in May.
In a conference call with investors on Wednesday, CEO Colin Reed said the company told 1,743 workers Wednesday morning they would be released June 12 with two weeks of pay plus unused vacation. The company plans to reopen the 2,881-room hotel Nov. 15 and will do most of its rehiring six to eight weeks earlier.
