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Originally Posted by 3someking
I am curious. Why dont they just replicate or follow like those current ktvs which converted into bistro? If those dodgy ktvs can use such strategy, why wouldnt they?
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Dunno. They old school maybe. They also too ethical. When joints were cutting manpower and slashing salaries to save the company, they insist on giving full salary and benefits.
They got a lot of good PR and goodwill but for what... in the end their business shut down because losses too great... They rather shut the business down than retrench their workers. That one is really dedication to workforce.
Sad. Good heart cannot live in this world. Maybe get rewarded in the next.
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Despite sustaining about S$500,000 in losses each month since then, the business is still paying the salaries of some 120 workers in full. Amid uncertainties over reopening, the family-run business is fighting to hold on for as long as they can before letting go of their staff.
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https://mothership.sg/2020/10/teo-heng-ktv-perspective/