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US Navy denies staff layoff plan in BahrainA US Navy spokesman has denied reports that civilian employees in Bahrain could lose their jobs as part of defence budget cuts. The cuts, worth $85 billion, have taken effect since Friday and will involve millions of workers globa More… |
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US Navy denies staff layoff plan in BahrainA US Navy spokesman has denied reports that civilian employees in Bahrain could lose their jobs as part of defence budget cuts. The cuts, worth $85 billion, have taken effect since Friday and will involve millions of workers globa More… |
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Confusion over Gulf Air layoff strategyUnionists are demanding answers amid claims that 120 Gulf Air staff working abroad have lost their jobs and growing uncertainty surrounding voluntary redundancy packages. A lack of official confirmation has created an atmosphere o More… |
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Bahrain MPs vote to stop Gulf Air layoffsBahrain’s parliament members yesterday voted to freeze hundreds of redundancies taking place at national airline Gulf Air as part of a major restructuring plan to safeguard the airline's future. They unanimously approved More… |
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Gulf Air union demands higher payoutUnionists at Bahrain’s national carrier Gulf Air are demanding increased severance packages ahead of proposed mass layoffs as part of a major downsizing. The Gulf Air Trade Union (GATU) met management of the airline yesterda More… |
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Union to discuss Gulf Air's layoff planUnionists at Bahrain's national airline Gulf Air are set to meet with the management today seeking answers about the future of thousands of staff who could be facing redundancy. Our sister publication the Gulf Daily News (GDN) More… |
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Bahrain businessmen warn of massive layoffsBahrain's business owners are warning of a massive wave of layoffs this year amid ongoing economic stagnation, according to a report. They are no longer in a position to maintain local workforce due to repercussions of the global econo More… |
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Al Mal Capital shuts Saudi officeUAE investment bank Al Mal Capital has shut down its Saudi office following a winding down of its brokerage unit and a broad staff layoff at its head office, two people familiar with the matter said. A statement posted by the firm on the S More… |
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Global mulls more layoffsKuwait's Global Investment House, one of the country's biggest investment firms, will continue to monitor costs and expects more job cuts this year, although it expects an improvement in results, its managing director said. Speakin More… |
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Zain Bahrain 'jobs are safe'Zain Bahrain, a leading telecom services provider, will only have a 'minimal effect' in a Zain Group plan to lay off around 2,000 employees over the next two years, a top official has said. Zain Bahrain general manager Mohammed Zainalabedi More… |
