Job cuts loom for City of Dreams Manila employees

The honeymoon period is over at City of Dreams Manila.

The casino resort has reportedly laid off some of its employees less than a year after it opened in December 2014.

Media outlet Manila Standard Today said City of Dreams Manila, which sits on a 6.2-hectare property at Philippine Amusement and Gaming Corp’s (PAGCOR) Entertainment City, let go of close to 2 percent of its total workforce as part of cost rationalization.

Melco Crown Resorts Corp. was quoted saying it was only a temporary suspension, and the employees will return to work when the business “picks up.”