Nakheel lays off 500 staff
United Arab Emirates: Sunday, November 30 - 2008 at 12:47
Dubai's largest master developer, government-owned Nakheel, has announced that it has laid off 15% of its total workforce, equivalent to 500 employees. The decision follows the scaling back of projects due to current market conditions.
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Edward Poultney, Editor - EnglishSunday, November 30 - 2008 at 12:47 UAE local time (GMT+4)
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