Nakheel trims more jobs
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Nakheel trims more jobs

Nakheel trims more jobs

Dubai-based developer, Nakheel has launched a fresh round of job cuts aimed at reducing costs, The National has reported. At least 50 people across all functions of the company have been laid off in recent weeks, bringing the company's total workforce down to less than a third of its 2008 peak, according to a company official who asked not to be identified. "There were about 3,800 staff in 2008 and now there are just over 1,000. Some of the recent jobs were lost in human resources, others in IT or commercial," the official was quoted as saying.

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