Several commenters have mentioned possible layoffs at Gulf News.
If anyone has heard anything, feel free to discuss.
Showing posts with label layoffs. Show all posts
Showing posts with label layoffs. Show all posts
Sunday, 25 July 2010
Thursday, 17 June 2010
Mass staff cuts at TMF
Rumours have been swirling and here's some corroboration:
Our sympathies to the staff that have been laid off, and we hope you find new positions soon. Anyone who's hiring, or knows any companies that are, feel free to post about it in comments.
EDIT: I just want to clarify that we're approving all the comments we can, but unless sources are provided, we can't publish some of the allegations that have been made regarding the management of TMF. Likewise allegations about their personal lives. If you can stand them up, then feel free to post with sources or email us. Comments that we consider fair opinion or "fair comment" are however going up.
As a former staff member, I can confirm that around 16 staff from TMF have been laid off in a mass staff cut at the company.
Citing the loss of the Thai airways inflight magazine Sawasdee, low ad revenues across the company and generally poor business results, the unfortunate decision has been made by TMF management.
The company is still a going concern, and will continue through this tough period.
Even as a staff member affected by the cuts, I can confirm that these events have taken place, believe this, not any erroneous reports printed elsewhere online.
We are all disappointed, but understand the business reasoning behind the decision, though all regret the sudden nature of the news.
Our sympathies to the staff that have been laid off, and we hope you find new positions soon. Anyone who's hiring, or knows any companies that are, feel free to post about it in comments.
EDIT: I just want to clarify that we're approving all the comments we can, but unless sources are provided, we can't publish some of the allegations that have been made regarding the management of TMF. Likewise allegations about their personal lives. If you can stand them up, then feel free to post with sources or email us. Comments that we consider fair opinion or "fair comment" are however going up.
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