Thread regarding Saudi Aramco layoffs

Agree completely with Majnoun Inc.

The basic tendency is to "blame the expats" for anything that goes wrong. While in reality, the company is overwhelmingly run by the locals who make up at least 80% of the workforce and more than 90% of Management.

The problem isn't the expats. A lot of good one' s here KSA, and some bad. No different than anywhere else. SAO hasn't been run by the Americans for years so you can lay blame right at the feet of the locals. It's the culture which isn't conducive to running a business. It's run by semi-lucid individuals that are more interested in drinking tea/coffee, wandering around, getting their picture in the Arabian Sun, and talking on their cell phones. So layoff rumors? Yes. Some already got hit. With austerity more will come. Most likely the wrong people will get axed.

"Must be a particularly bad batch of "recently-hired expats". All after 2014 too......."

You answered your own question. Other IOC'S dead wood with loaded resumes of b.s..

Hmmmm everything dropped so suddenly. 70 years of expats coming and going, and it took what - less than a year to pile-drive it all into the ground? Must be a particularly bad batch of "recently-hired expats". All after 2014 too.......

https://www.theguardian.com/business/2016/dec/03/opec-oil-price-deal-doesnt-hold-cards-fracking

quh. Too right and as soon of that price rises. The little frackers will be back.

Aramco has too many people and layers of fat it needs to cut.

Too many expats - americans and brits - who have been there too long, who see their job as cushy, who keep more knowledgeable and commercial individuals down, by ignoring their advice, while telling others and ensuring that management is only told what they want to hear, advising other expats not to rock the boat. Recently employed professionally qualified, industry and commercially experienced are currently teaching existing expats on the ways of the world, but which is not passed onto management, in order to preserve their status. No wonder the company is in the state it is. It is usual for expats to be training local staff, in order to take over these positions, but not at Aramco, where the motto seems to be to preserve the status quo of the current expat regime in order to ensure their salaries and benefits can be maintained both now and for their retirement.

Glad you know more than we do genius because the rest of the planet thinks it's reason #3:

1. Shot your own "jiji" off trying to compete with a few raggedy little fracking companies.

Wonder who's wrong and who's right about that? Pretty sure no expats were there when that round went off.