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Cambodia’s NagaWorld gaming property is eliminating some 1,300 jobs and reducing severance pay. The move was criticized by a workers’ union. Chhim Sithar, a union leader at NagaWorld, shown here. She claims the Cambodian casino improperly laid off workers and used faulty methods for determining severance pay. (Image: The Cambodian Daily) The Thomson Reuters Foundation reported the Phnom Penh-based gaming property announced recently more than 15 percent of its workforce is to be laid off. But the casino’s owner blames the move on the impact from COVID-19. Employees who are considered redundant will lose tens of thousands of dollars in once-anticipated severance packages, the report said. That is because the amounts were added up using lower salaries earned in 2020, the report adds. ....
share PHNOM PENH, CAMBODIA (THOMSON REUTERS FOUNDATION) With plunging profits, Cambodia s largest casino is set to slash 1,300 jobs and pay redundant staff a fraction of the severance money they are legally owed, the workers union and advocates said, as the COVID-19 pandemic threatens labor laws worldwide. NagaWorld resort - with almost 1,700 luxury rooms, themed gaming halls, karaoke lounges, spas and an underground shopping centre in the capital, Phnom Penh - told more than 15% of staff this month that they will be laid off in the next few weeks. Redundant staff will lose tens of thousands of dollars as severance packages will be calculated based on reduced wages in 2020 and using government guidelines introduced to help businesses hit by the pandemic, the union said. ....
By Matt Blomberg PHNOM PENH, April 30 (Thomson Reuters Foundation) - With plunging profits, Cambodia s largest casino is set to slash 1,300 jobs and pay redundant staff a fraction of the severance money they are legally owed, the workers union and advocates said, as the COVID-19 pandemic threatens labour laws worldwide. NagaWorld resort - with almost 1,700 luxury rooms, themed gaming halls, karaoke lounges, spas and an underground shopping centre in the capital, Phnom Penh - told more than 15% of staff this month that they will be laid off in the next few weeks. Redundant staff will lose tens of thousands of dollars as severance packages will be calculated based on reduced wages in 2020 and using government guidelines introduced to help businesses hit by the pandemic, the union said. ....