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No layoffs happening in the Gulf countries?
Posted: Wed Feb 11, 2015 10:15 pm
by AbdiJohnson
I want to know the situation in KSA, Qatar, Kuwait and the other oil producing countries in the Arab world. I know it just takes a few dollars for them to produce a barrel
I am,
Abdi "What's the impact on the job market?" Johnson
Re: No layoffs happening in the Gulf countries?
Posted: Wed Feb 11, 2015 10:18 pm
by gurey25
Layoffs? These fockers fire and hire by the 10,000.
Telco market affected.
I am back in Australia now.
Re: No layoffs happening in the Gulf countries?
Posted: Wed Feb 11, 2015 10:42 pm
by AbdiJohnson
How bad is it? Can you elaborate?
I assumed it wouldn't be too bad there
I am,
Abdi "I hear its incredibly easy to dismiss there" Johnson
Re: No layoffs happening in the Gulf countries?
Posted: Wed Feb 11, 2015 10:47 pm
by gurey25
The price drop hasnt started to affect them, but they have been using the previous economic downturn 2008 to start layoffs and cost cutting.
Thebiggest problem in the gulf countries is inflation and the rise of living costs.
Salaries have not been rising as fast as costs.