{"id":6165,"date":"2020-05-04T10:40:28","date_gmt":"2020-05-04T10:40:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=6165"},"modified":"2026-04-24T05:34:15","modified_gmt":"2026-04-24T08:34:15","slug":"over-500-ipis-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/over-500-ipis-casino","title":{"rendered":"IPI furloughs 500 workers"},"content":{"rendered":"\n<p>Imperial Pacific International is the latest operator to cut staff numbers after being forced to close due to Covid-19. <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Saipan.- Imperial Pacific International (IPI) has furloughed 575 employees due the forced casino closure as part of efforts to defeat the Coronavirus outbreak. <\/p>\n\n\n\n<p>IPI Human Resources Director, Redie Dela Cruz, informed the Commonwealth Casino Commission about the decision last week. <\/p>\n\n\n\n<p>According to local press, he explained the closure of the casino had forced the operator to furlough a large number of non-essential staff.&nbsp;<\/p>\n\n\n\n<p>Dela Cruz said those furloughed have been informed that they will not return to work until at least June 12.<\/p>\n\n\n\n<p>He added that all recruitment efforts for construction workers have also been suspended.&nbsp;<\/p>\n\n\n\n<p>The news comes at a difficult time for the operator.<\/p>\n\n\n\n<p>Last week, after being sued by former contractor Pacific Rim Land Development LLC,<em><strong> IPI<\/strong><\/em>\u00a0has been <a href=\"https:\/\/focusgn.com\/asia-pacific\/imperial-pacific-casino-contract\"><em><strong>ordered to pay US$5.6million for breaching a contract<\/strong><\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imperial Pacific International is the latest operator to cut staff numbers after being forced to close due to Covid-19.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Imperial Pacific International (IPI) has furloughed 575 employees in Saipan due to the forced closure of its casino operations, a measure attributed to the Coronavirus outbreak. This operational adjustment, which suspends staff return until at least June 12 and halts construction recruitment, occurs amidst IPI's recent legal obligation to pay US$5.6 million for a contract breach.","focusai_entities":"Imperial Pacific International, IPI, Redie Dela Cruz, Commonwealth Casino Commission, Pacific Rim Land Development LLC","focusai_location":"Saipan","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"IPI Financial Viability?","query":"Given the dual pressures of forced operational closure and a significant contract breach judgment, what is Imperial Pacific International's projected cash flow runway and its strategy for securing additional capital to ensure long-term operational viability and meet outstanding obligations?"},{"label":"Regulatory Response Saipan?","query":"How will the Commonwealth Casino Commission assess Imperial Pacific International's ongoing financial solvency and adherence to licensing conditions, particularly concerning workforce management and operational continuity, in the wake of these significant furloughs and legal judgments?"}],"footnotes":""},"categories":[160,28,161,16333],"tags":[29,4024],"class_list":["post-6165","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-daily-news","category-south-east-asia-news","tag-casino","tag-saipan"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=6165"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6165\/revisions"}],"predecessor-version":[{"id":777018367,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6165\/revisions\/777018367"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=6165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=6165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=6165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}