Sunday, January 17, 2021

Tag: finances

Imperial Pacific defends staff layoffs

Imperial Pacific, staff layoffs, Super Typhoon Yutu
While Imperial Pacific International was quick to dismiss bankruptcy rumours circulating on social media, the company has been forced to cut staff numbers “in order to ensure the company’s survival” following Super Typhoon Yutu. It’s been a difficult year for Hong Kong-listed Imperial Pacific International, with then firm reporting a 91.3 percent fall in profits in H1 2018. But it doesn’t...

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