Cambodia, officially the Kingdom of Cambodia , is a country located in the southern portion of the Indochina peninsula in Southeast Asia.
The lay-off talks between NagaWorld and the union ended in deadlock last week and will meet again on June 30.
NagaCorp did not disclose how many employees would be affected. It stated only that meetings with affected employees were ongoing.
NagaCorp said that its recent annual general meeting had approved a final dividend for 2020.
NagaWorld is terminating some 1,300 jobs and reducing severance pay. The decision was condemned by a workers’ union pointed out…
A source confirmed that there are “discussions and negotiations ongoing” at NagaWorld that involve “possible voluntary separation arrangements as well…