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.