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The Nexus
BUSINESSJun 9 · 13:10 UTCSEMAFORKelsey Warner

UAE employers plan to cut staff, pushed by uncertainty

The number of UAE companies planning staff cuts has tripled to 25% in three months, driven by geopolitical and economic uncertainty. Larger companies remain optimistic about hiring, while smaller businesses and the logistics/trade sector face reduced hiring plans due to the Strait of Hormuz closure.

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UAEplaceManpowerGrouporganizationgeopoliticstopiceconomic uncertaintytopiclogistics and trade sectortopicStrait of HormuzplaceKelsey Warnerperson
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