Swire Group: Recently reviewed headquarters structure to enhance overall efficiency and simplify certain processes

Recently, foreign media reported that Swire Group laid off about 10% of its employees at its Hong Kong headquarters last week, affecting approximately 40 people. A spokesperson for Swire Group responded to media inquiries, stating that the group recently reviewed its headquarters structure to enhance overall efficiency, including adopting new working methods and streamlining certain processes.

The spokesperson also mentioned that this review does not affect the group's commitment to excellence, and the group's dedication to achieving high standards across all functions remains consistent