The move is one of the global consulting major’s biggest rounds of layoffs
jobs cut
Latest in jobs cut
Bitcoin
Job cuts and hiring freezes follow crypto crash as Coinbase, Bahrain’s Rain ‘make tough decisions’
Bahrain’s Rain has laid off dozens of employees; Winklevoss-brothers owned Gemini Trust has slashed 10 percent of its staff; and Coinbase has stopped hiring for the ‘foreseeable future’
Cairo
Ride hailing start-up Swvl to cut one-third of staff, looks for profitable in 2023
The company, based in Cairo and Dubai, announced they would go public via a $1.5 billion SPAC merger last July
2019 Salary Guide
The business of making layoffs humane in the UAE
Mergers and low oil prices are forcing companies to trim down workforce. When this unwelcomed situation comes to light, employers must take key steps for effective execution of an outplacement plan
Abu Dhabi
Video: 1,000 jobs at risk in proposed banking merger
A proposed three-way bank merger in Abu Dhabi may lead to about 1,000 jobs being cut, according to three people with knowledge of the matter.