We are asking for support and they have responded with the idea of mass layoffs. It\u2019s extremely disappointing.\u201d<\/p><\/blockquote>\n
Sithar claimed NagaWorld\u2019s move violates labor law standards. Employer action on redundant employees must consider seniority, Sithar adds.<\/p>\n
NagaWorld Offers No Response<\/h2>\n
NagaWorld is the sole casino in the capital city of Phnom Penh. Officials from NagaWorld declined to comment on the union leader\u2019s claims, the report said.<\/p>\n
NagaWorld was open for most of 2020. It was shuttered between April and July. It had a recent closure, too.<\/strong><\/p>\nForeign tourists can gamble in Cambodia. Cambodian residents are prohibited from gambling at a casino.<\/p>\n
The pandemic led to NagaWorld profits lowering to $102 million last year, compared to $521 million in 2019, Thomson Reuters said.<\/p>\n
Casino Put Workers Out to Pasture<\/h2>\n
When asked for comment on the employment dispute, Sophal Ear, an associate professor of Diplomacy & World Affairs at California\u2019s Occidental College, told Casino.org,<\/em> \u201cThe union has a point.<\/p>\nDespite closing April to July 2020, the casino still made $102 million in profits,\u201d Ear said. \u201cThe casino has made billions in profits over the years. Employees are the company’s most precious resources.<\/p><\/blockquote>\n
\u201cPutting them out to pasture like this when the firm has been operating all of 2021 up until recently seems draconian. Not fulfilling regulatory requirements on severance pay isn’t just disappointing, it’s illegal.\u201d<\/p>\n
He noted, too, how officials chose not to comment in response to workers\u2019 concerns.<\/p>\n
\u201cFor the authorities to say nothing when asked shows just who is in charge,\u201d Ear said. \u201cCertainly not the authorities.\u201d<\/p>\n
Ear also pointed out that basic decency would lead the billionaire who owns the casino to use $10 million of their money, which is 1 percent of $1 billion, \u201cto at least ensure his employees get what the law requires,\u201d Ear said.<\/p>\n
Ear claims the owner has a net worth of $4.5 billion.<\/p>\n
Authorities are in cahoots with the casino because they are as much owners of the business as the CEO is — so they see expenses as coming out of their pockets, too,\u201d Ear alleged.<\/p><\/blockquote>\n
\u201cThey don’t want to see their own share of profits suffer,\u201d Ear further claimed. \u201cIt’s the classic abuse of public office for private gain, aka corruption.\u201d<\/p>\n
He notes, too, the first to starve are workers in challenging times.<\/p>\n
\u201cThe lockdown is a prime example. First it was two weeks of stay in your home, do not leave. Then it was, \u201cOh, let’s just extend for another week.\u201d Normal Cambodians don’t have a pantry and large refrigerators like the elites of Phnom Penh, but shop for food daily, Ear pointed out.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cambodia\u2019s NagaWorld gaming property is eliminating some 1,300 jobs and reducing severance pay. The move was criticized by a workers\u2019 union. 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\u2019s owner blames the move on the impact […]<\/p>\n","protected":false},"author":44,"featured_media":172565,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n
Cambodian Casino Eliminates 1,300 Jobs, Cuts Worker Severance Pay<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n