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Saudi construction company fired 50,000 employees

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Saudi construction company fired 50,000 employees

The reduction of government expenditure in Saudi Arabia hit the construction industry as well. So, the Saudi builder company, Binladin Group, had to fire 50,000 of its employees, Reuters reported on the 29th of April, referring to the local newspaper al-Watan.

It was specified that most of those workers, whose contracts had been terminated, were immigrants from other countries. Meanwhile, Binladin Group has faced certain problems related jobs cuts: the workers expressed their intention to stay in Saudi Arabia and demanded that the company paid them wages, which they hadn't received for several months.

However, that isn't the first case, when Binladin Group's employees have been left without payment. Last month the workers organized a rally near the company's office in order to put forward their demands.

Binladin Group is one of the largest construction companies in the Middle East and is engaged in many infrastructure projects, such as airports, roads and skyscrapers. Until recently it employed 200,000 people.

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