Friday, January 09, 2009

"Layoff reports baseless"

From the front page of yesterday's Oman Tribune.
An official source at the Ministry of Manpower on Wednesday denied the validity of recent reports that some companies operating in the Sultanate have laid off their employees as a fallout of the global financial crisis.

The ministry has not received anything in this regard from the companies. A company cannot lay off any worker without informing the ministry in advance and an employee cannot be dismissed before the ministry finds an alternative job for him, the source said.

The source pointed out that the demand for skilled labour in the private sector is increasing. There is a large number of unskilled workforce in the 18-20 age group in the Sultanate. The layoffs may happen in the event of a sudden cessation of projects or bankruptcy of companies; but nothing of the sort has happened so far in the Sultanate.

Talking to Oman Tribune, official sources of some companies have also denied the validity of the reports about layoffs. No company has so far declared its decision or intention to lay off their employees.

The sources also said due to the wise policy initiatives and preventive measures, the economy of the Sultanate remains robust and is immune to the impact of global financial crisis.
Obviously the ministry source is talking about Omanis and the article doesn't mention anywhere whether any expatriates have been laid off.


Lost in thought said...

Exactly what I was thinking while reading this !

But I guess they have the list of expatiates who have had their visa cancelled after being laid off ?

suonnoch said...

Tried to connect to Oman Tribune from your post but my anti-virus app intervened to abort the connection because it had detected malware on the site. Perhaps somebody could warn Oman Tribune IT staff? Please?

Adil said...

who the heck believes the government these days?

Balqis said...

If you open it in Firefox, is ok
Will email them anyway

Anonymous said...

Figures would make interesting reading. My (old) company has laid off a few people in Oman already, according to rumor within the office. Not Omanis though.

Kishor Cariappa said...

Leading automotive cos have taken the lead in issuing pink slips to Indians.

Sangeetha Sridhar said...

Quoting RVB's comment to Kishor's post: Lay off in Zubair Corp.adds to this unofficial count as well.

Anonymous said...

I belive that senior sources have clearly stated that Oman will suffer no impact from the current economic crisis that is impacting all the world’s economies, except fortunately Oman’s therefore it makes sense that companies in Oman will not lay off staff.

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