Filipino workers in GCC escape major job losses in era of cheap oil

A Qatari-based construction firm has laid off 60 Filipino workers but the continuing slump in global oil prices has so far had little impact on the country’s workforce in the Gulf, according to new figures.
While Qatari Diar Vinci Construction (QDVC), which has projects including the Doha Metro and Lusail light rail network ongoing, has cut jobs, most of the 2.5 million Filipino workers in the region remain unaffected so far, the Philippines Government said in a statement.
The country’s Department of Labour and Employment said in the statement that some of the affected QDVC workers have been with the company for up to a decade and hold “positions of consequence” paying “competitive salaries”.
It added that the 60 contracts are due to be terminated by April 17 as part of the company’s cost-cutting measures.

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