Slingshot

anyone hear any news on Emirates today?

lionheart

On which Emirates? About what?

Eva

http://business.timesonline.co.uk/to...cle5254612.ece


In the paper so must be true ahem.

Slingshot

thanks - could not find any link online to support a call I got

Eva

Welcome

commander

how many have been binned?

Blue Cat

alot, but EW deleted the thread because it mentioned the words Nakeel, I didn't get to see exactly how many. Will go and have a look and see if anything else has been said.

commander

why would it get binned for mentioning facts..

Blue Cat

that's EW for you, scared they would get sued I would imagine, yet is FACT, the girl is hardly lying is she

W10

I've heard its the first 'phase'

busybee2

500 or 15% i did know about this a little while back but a certain other kitty let it out of the bag

Blue Cat

30 November 2008
Dubai's master developer, Nakheel, announced today (Sunday 30 November 2008) that it was scaling back work on some of its projects and that it has adjusted it staffing requirements accordingly to accommodate the current easing market conditions.
Approximately 15 per cent of the total workforce, which amounts to 500 employees, was made redundant, said a Nakheel spokesperson, who described the decision as a responsible action in light of the current global market conditions.
"We have the responsibility to adjust our short term business plans to accommodate the current global environment. The redundancies are indeed regrettable, but a necessity dictated by operational requirements which are in turn dependent on demand," added the spokesperson.
All the affected employees were provided a redundancy package, which includes outplacement support services to assist in this time of transition.
-Ends-

shiva

http://www.arabianbusiness.com/53990...ashes-500-jobs

Blue Cat

http://www.arabianbusiness.com/53960...taffing-levels

on the same page, isn't Limitless part of Nakeel?

commander

so is this the smurfs or the western managerial types getting the bullet..

was speaking to my mate on Friday who is a PM for a big player out here and he assured me that (as i think ceebee eluded) that they are using this to get rid of some of the old school expat dead wood.