ands China President Wilfred Wong Ying-wai said Monday that the US gaming operator has been reducing its number of employees by not renewing the employment contracts of some of them when they expire, stating that the company has not laid anyone off because of the economic impact of the COVID-19 pandemic. He also said the Londoner hotel and casino project is on track to be ready in September.
Wong made the statements while speaking to reporters after hosting a press conference at the Venetian in Cotai about a shopping carnival that the company is organizing on 7-9 August with about 500 small- and medium-sized enterprises (SMEs) and retailers at its shopping malls joining, Macau News reports. Businesses can still apply to be part of the event until 10 July, and registration is free.
According to Wong, while the company is broadening its sources of income and reducing expenditure, it has not laid off any of its local staff. “Imported workers are to fill out the shortage of [local] human resources, so during these times when tourist numbers are down, the demand for imported workers has gone down too. So we haven’t renewed some of the imported workers’ contracts when they expired,” Wong said.
When asked how many of company’s employees have left the company, Wong said: “We have about 29,000 staff, so just a few hundred, it’s not a big figure.”
He added that some staff members have been cooperative and have been taking unpaid leave as the company is offering them an extra day off for taking one day of unpaid leave. “We try to keep local residents’ employment stable, so we have not laid off anyone. There are people whose contracts expire, and that’s not laying off,” Wong said.
As for the opening of the new Four Seasons suites and Londoner, Wong said that as the Four Seasons project targets high-end customers, the company would not open it until tourists can enter Macao again, while the Londoner project was on track for its planned phase-by-phase opening this year and next, with the 600-suite Londoner hotel, where the Holiday Inn previously was, and casino due to be ready in September.