Pay offs have started-Building slow down
Nov 3rd 2008, 4:32 am
#17
ex-expat
Joined: Nov 2008
Location: in front of my computer - in sunny Sussex!
Posts: 2,162
Re: Pay offs have started-Building slow down
Yes I think we could be in for a rocky ride for the next year or so, but then as the economy starts to gather momentum again new projects materialize as well as old ones getting the go ahead and everyones wages rise but expats have gone elsewhere looking for work wherever they can and then you wont get people back to the desert as they realise there is life elsewhere with probably less money but of course lower rents and cost of living in general.
The company I work for got everyone together around 3 weeks ago and gave us the old cliche "don't worry we have loads of work, your jobs are safe" isn't that what happens before a football manager gets the boot?
The company I work for got everyone together around 3 weeks ago and gave us the old cliche "don't worry we have loads of work, your jobs are safe" isn't that what happens before a football manager gets the boot?
Either that, or the management thinks that the rats are going to start leaving the ship (not saying you are a rodent of any kind) and that they'll then have difficulty fulfilling existing contracts. What they don't want is a brain drain - CAD monkies and juniors are two a penny.
Saying that, what with redundancies in the UK, more people over there should, in theory, be looking to emigrate for work, so it should, in theory, be easier to recruit from the UK, even offering an inferior salary to usual. Beggars can't be choosers and all that...
What an interesting prospect!
Nov 3rd 2008, 5:10 am
#18
Concierge
Joined: Feb 2007
Posts: 29,625
Re: Pay offs have started-Building slow down
I think it is just construction that is being affected, the company husband work for are recruiting and the business is expanding, he is in engineering.
Nov 3rd 2008, 6:21 am
#19
Go on.. Pull my finger..
Joined: Jul 2008
Location: Dubai
Posts: 5,726
Re: Pay offs have started-Building slow down
Same here, BC... If anything, more work coz they want more for their money now.....
Nov 3rd 2008, 8:36 am
#21
BE Enthusiast
Joined: Dec 2007
Posts: 389
Re: Pay offs have started-Building slow down
Another problem is you end up with loads of CV's on your desk and some companies use this situation to get rid of the dead wood and lower overheads generally.
Nov 10th 2008, 4:11 pm
#24
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Pay offs have started-Building slow down
Nov 10th 2008, 5:17 pm
#25
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: Pay offs have started-Building slow down
http://www.arabianbusiness.com/53774...rty-firm-damac
Nov 11th 2008, 10:32 am
#26
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Pay offs have started-Building slow down
I believe in these guys more than GN, truth be told...200 jobs...
http://www.arabianbusiness.com/53774...rty-firm-damac
http://www.arabianbusiness.com/53774...rty-firm-damac
Nov 11th 2008, 12:58 pm
#27
BE Enthusiast
Joined: Dec 2007
Posts: 389
Re: Pay offs have started-Building slow down
Unfortunately there are more to come this week. I hope this chap took my advice when he was offered a job at Damac.... http://britishexpats.com/forum/showt...ighlight=damac
Nov 11th 2008, 4:56 pm
#28
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: Pay offs have started-Building slow down
Unfortunately there are more to come this week. I hope this chap took my advice when he was offered a job at Damac.... http://britishexpats.com/forum/showt...ighlight=damac
The want to replace 200 incompetent peacocks with me, a Lebo peacock...
Nov 12th 2008, 10:57 am
#29
Guest
Posts: n/a
Re: Pay offs have started-Building slow down
http://www.arabianbusiness.com/53802...k-start-demand
Emaar's desperation becoming increasingly public...
Emaar's desperation becoming increasingly public...
Nov 12th 2008, 11:24 am
#30
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Pay offs have started-Building slow down
Latest Dubai developers to make staff redundancies 
Omniyat Properties
Meraas Holding
Define Properties
From today's newspapers.
Omniyat Properties
Meraas Holding
Define Properties
From today's newspapers.