Exclusive: Saudi Binladin speaks out on job cuts
A spokesperson from Binladin Holding Co has responded to CWO's queries about the job cuts recently made by Saudi Binladin Group
A spokesperson from Binladin Holding Co has responded to ConstructionWeekOnline's queries about the job cuts recently made by Saudi Binladin Group.
In an emailed statement, Yaseen Alattas, chief communications officer at Binladin Holding Co, said manpower adjustment is a "normal routine".
He continued: "Our manpower size is always proportional to the nature and scale of the undertaken projects, along with the time spans required to complete them.
"Adjusting the size of our manpower is a normal routine especially whenever projects are completed or near completion.
|Most of the released jobs had initially been recruited for contracted projects with specific time frame and deliverables," Alattas continued.
"We do understand that manpower reductions are never easy for all involved.
"However, the Group is honouring its commitments and the affected employees have already received their full compensations and any other entitlements in accordance with the applicable laws.
"We will honour the same commitment in case further manpower is released.”