💰 Genting Plans Unprecedented Pay Cut as Virus Shuts Casinos

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(Bloomberg) -- Malaysia's casino-to-hospitality conglomerate Genting Bhd. and its units are planning the first group-wide salary cut since its.


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The company will also cut the wages of most managers by up to half for the remainder of The COVID crisis has seen Genting Hong Kong cease.


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Genting Malaysia Bhd.'s senior management are taking a voluntary 20% pay to take salary reductions during this difficult time, the company said in an The casino and resorts operator has been hit by the coronavirus crisis.


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(Bloomberg) -- Malaysia's casino-to-hospitality conglomerate Genting Bhd. and its units are planning the first group-wide salary cut since its.


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Genting Malaysia Bhd.'s senior management are taking a voluntary 20% pay to take salary reductions during this difficult time, the company said in an The casino and resorts operator has been hit by the coronavirus crisis.


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