Resorts World Sentosa, one of Singapore’s largest personal sector employers, said Wednesday that it laid off staff to cut prices when the coronavirus pandemic hit the city-state tourism industry.
The company, owned by Genting Singapore Ltd, revealed how many jobs would be lost, but local Newspaper Straits Times said the cuts were “significant.”
A spokesman for Resorts World Sentosa said the company had more than 7,000 full-time workers until the end of 2019, but declined to comment on its current employment point. Genting Singapore states that RWS is one of Singapore’s largest employers.
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The 49-hectare amenities of Resorts World Sentosa include a Universal Studios hotel, a casino and a theme park, among other attractions.
“We have taken the difficult resolve to put in place a single reduction,” he said in a statement.
On Wednesday afternoon, a handful of workers walking past the quieter outdoor restaurants opposite the casino told Reuters that they had been called to meet with the human resources department.
Singapore’s economy sank in recession this quarter, falling by 41 percent from the previous quarter, as he reported Tuesday, on the way to its innermost recession.
The tourism industry, which contributes about 4% to the economy, was one of the sectors most affected by the restrictions and a blockade that lasted more than two months to stem the spread of Covid-19.
In the other side of the road, casino operator Genting Malaysia has cut 3,000 jobs, or about 15% of its workforce, media reported last month. Genting Malaysia responded to a request for comment.
Genting Singapore and Genting Malaysia belong to Malaysian conglomerate Genting Berhad.
“The effect of the Covid-19 pandemic on the tourism industry is unprecedented, fast and immense,” Singapore’s National Congress of Trade Unions said in a cut of tasks.
He added that he ran for Resorts World Sentosa in terms of reimbursement and would help affected workers exercise and find new jobs.
Last year, the company announced that it would invest about S$4.5 billion ($3.2 billion) to expand its tourist attractions in the city-state.
(This article was published from a firm thread without converting the text. Only the name has been changed).
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