It has been revealed today that Genting Cruise Lines, which operates Genting Dream of Dream Cruises, owned by Genting Hong Kong, is facing challenging circumstances amid ongoing coronavirus crisis since the outbreak began in Wuhan, China.
The cruise line, which operates the famous Genting Dream casino cruise liner, is reportedly cutting employee salaries for its senior staff due to the damaging impact of the coronavirus on revenue.
A spokesperson for Genting Cruise Lines commented on the announcement:
“Genting Cruise Lines can confirm that, due to the impact that the 2019 novel coronavirus (Covid-19) outbreak has had on the economy of Hong Kong and the travel restrictions that have affected the operations of the company, Genting Cruise Lines has had to make the difficult decision to adjust salaries by 20 [percent] to 50 percent for middle managers and above.”
The firm has said that junior employees will not face a pay cut, but management at the mega luxury casino cruise ship will face cuts to their wages of up to fifty percent in a graded reduction from twenty percent upwards to vice presidents and above.
The salary reduction will be in place for the period of February to December 2020, but it is reported that a review will take place in June 2020.
“These temporary measures in order to provide its staff with uninterrupted employment during this period. Genting Cruise Lines greatly appreciates the understanding and cooperation of its staff during this time.”
Genting Hong Kong’s cruise liner Genting Dream, has 18 decks and can host over three thousand passengers. The ship regularly sails from Singapore to Indonesia, Malaysia and Thailand.