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Webpage capture on the news article about Nagaworld to lay off more than 1,300 employees
This article reports Phnom Penh's Nagaworld casino plans to lay off over 1,300 workers this month due to its temporary closure caused by Covid-19. Union president Chhim Sithar reported that the layoffs, affecting 1,329 employees, will occur between April 19 and 23. The union contests this move as a violation of the Labor Law, arguing that Nagaworld's profits indicate it can afford to pay seniority allowances and bonuses. Despite a $102 million net profit in 2020, the company cites declining income as the reason for the layoffs. The union plans to campaign for their jobs through social media and direct appeals.
Additional Information
| Field | Value |
|---|---|
| Last updated | May 23, 2024 |
| Created | May 23, 2024 |
| Format | |
| License | License not specified |
| Name | Webpage capture on the news article about Nagaworld to lay off more than 1,300 employees |
| Description |
This article reports Phnom Penh's Nagaworld casino plans to lay off over 1,300 workers this month due to its temporary closure caused by Covid-19. Union president Chhim Sithar reported that the layoffs, affecting 1,329 employees, will occur between April 19 and 23. The union contests this move as a violation of the Labor Law, arguing that Nagaworld's profits indicate it can afford to pay seniority allowances and bonuses. Despite a $102 million net profit in 2020, the company cites declining income as the reason for the layoffs. The union plans to campaign for their jobs through social media and direct appeals. |
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