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Venetian Macao lays off 500 staff
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The Venetian Macao casino has laid off 500 employees and proposed fewer working hours for its gaming staff, which a unionist fears will translate into shrinking pay packets.
Workers across all levels were affected by the sackings, which were announced yesterday, including 100 managers.
None are Macau residents.
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The number represents 2 per cent of workers employed by Venetian Macao, which is owned by US casino operator Las Vegas Sands. The resort hotel opened in August last year.
Most of the 500 affected employees received a letter of intent for Sands jobs in Singapore.
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They may take up equivalent positions at Marina Bay Sands that are not occupied by Singaporeans, subject to approval of the city state's government.
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