The CEO of Al Shafar General Contracting (ASGC) has confirmed the firm is laying off between 500 and 1,000 staff.
"The rumours that 2,000 staff are being laid off is untrue," said Bishoy Azmy, CEO of ASGC. "The figure will stand between 500 and 1,000 and will take some time to come into effect. ...
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