qatar basedcompany to cut hundreds of jobs
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Qatar based-company to cut hundreds of jobs

Arab Today, arab today

Arab Today, arab today Qatar based-company to cut hundreds of jobs

The Qatar Foundation
Abu Dhabi - Arab Today

The Qatar Foundation says it is looking at possible job cuts, the latest Gulf entity to cbeing hurt by low global energy prices.

The foundation says in a statement Sunday it is "examining our existing operational costs," when asked if it was cutting jobs. It declined to elaborate.

News of the cuts was first reported by the website Doha News, which suggested the layoffs could affect hundreds of workers.

Qatar, which will host the 2022 FIFA World Cup, is a major natural gas producer that also pumps crude oil.

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