In Cost Cutting Measure UPS Closes District Office in Dubai
UPS has shutdown its district office in Dubai for the India subcontinent, Middle East and Africa (ISMEA) regions as part of a restructuring plan according to a report in Arabian Business.
The move lays off 100 and 120 employees who were given their notices in early July. UPS plans to merge their ISMEA operations with their Eastern Europe headquarters in Prague, Czech Republic.
However the second UPS office in the UAE, which handles pickup and delivery, will remain open.
To compensate the terminated staff during this time, UPS has offered to cover their medical insurance and visa for two months and provide two months’ worth of severance pay.
Some staff were given the opportunity to move to the Prague office, however, with a 60% pay cut.
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