SINGAPORE: Millennium Hotels and Resorts has laid off 159 employees as the economic fallout of COVID-19 hits the tourism and hospitality ...
SINGAPORE: Millennium Hotels and Resorts has laid off 159 employees as the economic fallout of COVID-19 hits the tourism and hospitality industry hard, the company said on Wednesday .
Between January and mid-August, Millennium Hotels and Resorts reduced its foreign employee population in Singapore from 520 to 329, or a reduction of 37 per cent, said the company.Wednesday's"right-sizing efforts" would result in 159 employees being laid off, it said. This constitutes 15.2 per cent of Millennium Hotels and Resorts' Singapore-based workforce.
READ: Extension of Jobs Support Scheme among S$8 billion worth of measures announced by Heng Swee Keat The firm said it had implemented several measures to navigate through the global crisis since the start of the COVID-19 pandemic. The salaries of workers earning below S$4,600 were also protected, with no salary cuts to date, the union said.
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