Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Aldar Properties to cut 105 jobs

Posted: December 5th, 2011 | Author: | Filed under: By Location, UAE | Tags: , , | No Comments »

Abu Dhabi’s largest property developer, Aldar Properties, in October announced it would slash its workforce by 24 percent as it seeks to cut costs.

The developer plans to shed 105 jobs to match its manpower needs to its scaled-back construction schedule.

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