UK-based Atkins lays off 100 staff in Middle Eastby Ashleigh McGinley on Feb 4, 2016
UK-based design, engineering and project management consultancy Atkins has confirmed that it has laid off 100 staff across its Middle East property and infrastructure teams.
The slump in oil prices coupled with slowing economic growth in the region has had a knock on effect on infrastructure projects.
An Atkins spokesperson said in a statement: "We have been continually assessing the regional market carefully over the last few months and have seen an ongoing slowdown in awards of new projects across the property and infrastructire sectors
"Unfortunately, due to these worsening economic conditions, in recent weeks we have therefore taken the difficult decision to make almost 100 people redundant in our Middle East property and infrastructure teams.
"We only ever take such actions after very careful consideration to support the best long term interests of the business, our clients and future work, while positioning us for continued growth when the market improves.
"We will seek to redeploy as many people as possible to other roles.
Our Middle East business will continue to focus on our core transport infrastructure and property markets, with over 2,000 people operating successfully in the region.”
The company, which has been operating in the region for more than 40 years, has 11 offices across the Middle East, with a presence in each Gulf country.
Some of the projects it is currently working on include the Port Sultan Qaboos redevelopment in Oman and the Riyadh and Doha metro lines.