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Business trends

Philippine casino operator Okada Manila lays off over 1,000 staff

Lockdown has led to 'severe' losses, company argues

The luxury Philippine hotel and casino has announced staff cuts of over 10% of its workforce.   © AFP/Jiji

MANILA -- Philippine integrated resort and casino Okada Manila will retrench more than 1,000 employees next month, citing severe losses triggered by the ongoing coronavirus lockdown.

Okada, along with other casinos in the country, has been closed since mid-March as part of efforts to prevent the spread of the virus known as COVID-19.

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