Commerzbank on Thursday said it would cut nearly 10,000 jobs or more than a fifth of its workforce and stop paying dividends for the time being as it restructures to become profitable ...
Rather than downsizing workforce, companies could utilise ‘distance employment’ as an alternative solution to the effects of the global economic downturn, an expert has said.
Broadcaster Al-Jazeera said on Sunday that it is to shed around 500 jobs, most of them at its Qatar headquarters, as part of a "workforce optimisation initiative".
Qatar has a workforce of about 1.7mn, based on the population figures of November 2015, an expert on migration, ethics and human rights has said.
The problem of maintaining a specialist labour pool and supply chain in the face of deep and long activity cycles is both a consequence and contributor to instability in the industry
