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Aug 4, 2006

Princess hotel lays-off 100 workers in Belize City

On Wednesday, the Princess Hotel and Casino Belize announced it was cutting eight-one jobs at the Corozal Free Zone, but tonight the company says it has also decided to lay-off a hundred workers from its operations in the old capital. The break down is fifty workers from the casino and fifty others from the hotel. As in its previous release, the company cites a dramatic increase in cost of doing business, casino license fees and business tax. The restructuring will also include new opening hours at the casino which will now operate between twelve noon and four a.m. every day.

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