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Stock impact report

About 10,000 Tokyo Olympic volunteers have quit with Games closing in [CNN]

RAKUTEN GROUP INC S/ADR (RKUNY) 
NASDAQ:AMEX Investor Relations: global.rakuten.com/corp/investors
Company Research Source: CNN
Tokyo (CNN) About 10,000 of the 80,000 registered volunteers supporting athletic events had quit as of Wednesday, according to Tokyo 2020 Organizing Committee officials. Toshiro Muto, chief executive of the Organizing Committee, told Japanese media he does not believe the volunteer withdrawals will impact the operation of the Games, which were postponed last year due to the pandemic . The rescheduled event is due to start on July 23. Volunteers are an instrumental part of the Summer Olympics. They help staff operate Olympic facilities and venues, and assist spectators and athletes. So if more continue to drop out, it could pose additional difficulties for organizers. However, no foreign spectators are allowed into Japan for the Games, so organizers may not need as many volunteers as other host cities have in years past. A first cohort of volunteers dropped out in February -- the same month the president of the Games' organizing committee resigned . The official, Yoshiro Mor Show less Read more
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