Genting Malaysia’s senior management takes temporary voluntary 20% salary cut, asks staff to consider variation in employment contract based on rank

KUALA LUMPUR (March 3): Genting Malaysia Bhd’s senior management team has taken a temporary voluntary 20% salary cut for three months, and the company has written to staff for them to consider a variation in their employment contract with a suggested variation staggered depending on job grade from 15% to 20% reduction in salary or one day no pay leave per week, according to a letter sighted by The Edge.

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Covid-19: Disneyland will be kept shut for ‘foreseeable future’

KUALA LUMPUR (Oct 21): The US authorities have issued guidelines for the reopening of theme parks on Tuesday (Oct 20), allowing smaller parks to reopen soon but large theme parks like Disneyland and Universal Studios Hollywood might take another few weeks or months to resume operations, foreign media and newswires reported.

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Genting UK: More than 1,600 jobs at risk 

PETALING JAYA (July 17): Genting UK, a subsidiary of entertainment and gaming conglomerate Genting Malaysia Bhd, is mulling to shave over 1,600 jobs in the United Kingdoms owing to unprecedented losses over the past few months’ of lockdown, reported Sky News today.

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