Sands China Let Go of 3,000 Non-local Workers since the Start of the Pandemic
Sands China’s president, Wilfred Wong has stated that Sands China has fired more than 3,000 non-local workers since the start of the pandemic. Although he did not reveal the number of local workers that were laid off, he confirmed that 75% of the current employees are Macau residents.
Non-local Workers Number in Macau’s Six Concessionaires Has Fallen Drastically
The Labor Affairs Bureau (DSAL) published its figures in February and they state that the number of non-local workers that are employed by the six concessionaires in Macau has fallen by 32.6% since COVID-19 took the world by storm. Moreover, 11,434 non-local workers have left.
While commenting on Sands China’s case, Wong stated that even though non-local employees have been reduced, the company is putting a lot of effort into its local workforce as it kept them employed and “maintained training programs.”
He also added that the number of incoming tourists might not change during Labor Day, which is why the company needs to make sure that it lowers its operating expenses. Recently, Macau concessionaires paid almost $6 million to extend their licenses and make them valid throughout 2022.
Wong commented on Sands China’s investments during this period and stated that if the current condition continues, non-urgent development investments will be delayed and the main focus will be on urgent maintenance matters.