{"id":568,"date":"2025-07-31T10:15:03","date_gmt":"2025-07-31T10:15:03","guid":{"rendered":"http:\/\/www.angesfinanciers.org\/?p=568"},"modified":"2025-08-01T15:08:25","modified_gmt":"2025-08-01T15:08:25","slug":"neom-reportedly-planning-widespread-staff-redundancies-and-relocations-as-part-of-strategic-review-3","status":"publish","type":"post","link":"http:\/\/www.angesfinanciers.org\/index.php\/2025\/07\/31\/neom-reportedly-planning-widespread-staff-redundancies-and-relocations-as-part-of-strategic-review-3\/","title":{"rendered":"Neom reportedly planning widespread staff redundancies and relocations as part of strategic review"},"content":{"rendered":"
\"Neom<\/div>\n

The developers of Saudi mega project Neom<\/a> are reportedly planning over 1,000 staff redundancies and the relocation of over 1,000 staff as part of a wide-ranging strategic review<\/a>.<\/span><\/p>\n

Following the departure of CEO Nadhmi al-Nasr<\/a> at the end of last year, Neom is “considering significantly cutting its workforce”, according to a report in news website Semafor<\/a>.<\/p>\n

Widespread redundancies and relocations<\/strong><\/p>\n

Along with more than 1,000 redundancies, the mega development is reportedly planning to relocate over 1,000 staff from the Neom site in northwest Saudi Arabia<\/a> to Riyadh.<\/p>\n

Semafor reported that this would be a reversal of a “key policy” introduced by Al-Nasr, who wanted all key staff to work from the site of the development.<\/p>\n

According to the report, no final decision has been made on the redundancies and relocations.<\/p>\n