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$13.09 crown resorts limited

Ann: Response to COVID-19 - Market Update, page-6

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ozexplorer

17,932 Posts.

81

17/04/20

22:30

Post #: 44111813
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Originally posted by ASXspecialist: ↑

The problem with 21st century business management is that large companies think it is perfectly OK to "balance the books" by firing employees.

However, can you @ozexplorer elaborate on your claim that 95% of employees will lose or have lost their jobs?

The announcement states that Crown has applied to Centrelink for the Jobseeker payment (lol), and therefore it can be assumed that it will be possible for Crown to keep the majority of its employees.

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So Crown has sought from centerlink to have the jobseeker payments......

I bet they applied for this just prior to getting rid of 95% of staff.....

Does the job seeker payments go to the 95% of staff without work or does it go straight to Crown itself....?????

CWN Price at posting: $8.16 Sentiment: None Disclosure: Not Held
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