73 per cent fewer layoffs in Oman last year

The number of workers laid off in 2018 has plummeted by 73 per cent, according to a report issued by the General Federation of Oman Trade Unions.

Between 2014 to 2018, a total of 10,334 expat and Omani workers were laid off by 106 companies, including 5,000 in 2017 alone.

Last year, however, the total number of redundancies stood at just 1,334, a reduction of 73 per cent, and the number of companies involved had dropped to 18.

This decrease is apparently the result of efforts to resolve issues between the company and employees before the company decides to end the contracts.