
Genting slashes 400 jobs in Resorts World Sentosa in aggressive downsizing plan
Mainly croupiers, supervisors, and pit managers were laid off.
The gaming firm continues its downsizing efforts which started last May as it manages its headcount of 12k staff to meet its business needs.
According to a report from OCBC, Resorts World Sentosa has since been working closely with the Ministry of Manpower (MOM) and the Attractions, Resorts & Entertainment Union (AREU) to ensure that fair terms are extended to all affected staff.
“GS did not reveal the cost of the exercise, but we believe this will likely to be reflected in the 2Q16 results,” OCBC noted.