Dubai’s Jumeirah Group is trimming jobs although the company’s ambitious global expansion plans still exist, a recent report by the National stated.
After losing the contracts to manage Bab Al Shams resort and the Meydan hotel, Jumeirah Group has issued a statement that reorganization with the company’s structure will align the firm better within the shifting market. Development firm Meydan is now set to manage both of these properties.
Jumeirah’s statement noted that when considering the global expansion, the firm has put in place a structure that is regional and results in cut backs to jobs in both corporate and group positions.
The hospitality firm continues the planned expansion, even after reporting layoffs throughout the firm last year. This week Jumeirah made an announcement about an Anguilla property and in December confirmed involvement in another property located in Baku, Azerbaijan.
Also in December, the group made an announcement that it was moving into the management role at Jumeirah Zabeel Saray resort located at the Palm Jumeirah.
Current speculations are that Jumeirah Group is looking to streamline their operations to be more efficient, although the firm has made assurances that these changes within the company will have no effect on operations at the front desk or on guest satisfaction.Paul Holdsworth, Staff Writer, Gulf Jobs Market News