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LINK REIT Said to Dismiss 50-60 Employees Soon
LINK REIT (00823.HK) is planning to lay off 50-60 employees soon, representing about 5% of its total workforce in Hong Kong, according to market hearsay. At this juncture, LINK RE...
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LINK REIT (00823.HK)  -0.400 (-0.941%)    Short selling $3.95M; Ratio 3.209%   is planning to lay off 50-60 employees soon, representing about 5% of its total workforce in Hong Kong, according to market hearsay.

At this juncture, LINK REIT has approximately 1,000 employees in Hong Kong, and this adjustment involves optimizing positions across multiple departments, sources divulged.

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Earlier, the company had mentioned in its annual results report that it would comprehensively enhance the group's operational efficiency, covering all controllable expenses, including property, personnel, operations, and salary.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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