Dubai Employment News
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| With the global economy once again on the verge of slipping back to recession, many in UAE fear another round of job cuts. However, experts say that UAE firms are already done with restructuring, and hence job losses are unlikely at the moment. According to experts in the recruitment industry, major redundancies in UAE are unlikely, as majority of firms are already done with downsizing and restructuring, and therefore, a repeat of the 2009 lay-0ffs is unexpected. However, some isolated cases of restructuring cannot be ruled out, said Cliff Single, Commercial Manager, BAC Middle East. Some experts have said that although UAE job market is improving, it is difficult to predict the future, in the present global scenario. They are of the opinion that with change in economies, various industries will be affected either positively or negatively. Hence a precise prediction is difficult. Those facing a negative impact may have to restructure their staff and occasionally lay-ff. But, if there are no drastic change in the coming months, massive lay-offs are unlikely, said Konstantina Sakellariou, Partner, Marketing & Operations Director, Stanton Chase. However, more job cuts are expected in the global market. The latest data signals that employers in the US have announced more job cuts than a year ago, which indicates little progress in the labour market following the ending of previous recession. Posted on 6/9/2011 blog comments powered by DisqusRead more newsMajor airlines to go on a hiring spreeUAE to create more than 400,000 new jobs in aviation sectorTop five perks in the wish-list of UAE employeesHot sectors for UAE job opportunities in 2013Increased online job opportunities likely in UAE retail, hospitality sectors2013 will be the year of job creation for nationals5% growth in salaries likely for UAE employees next yearDubai firms need to be more open about pay conditions in local marketFresh recruitments, pay hikes, expected in Dubai finance sectorUAE employees see no pay hikes in H1 2012UAE leads the region in increased online job opportunities year-on-yearEmirates to hire at least 10,000 new professionals this yearAl Reef Downtown completes another phase of developmentThree new industrial parks likely to boost job prospects in Abu DhabiPositive outlook for UAE jobseekers in 2012UAE workforce to witness steady growth in 2012Pay hike on the agenda for UAE employees in 2012UAE residents unsure about job stability and new jobs in the marketImproved recruitment activity in UAE during 1H 2011Job redundancies unlikely in UAE |
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