Some mall owners are now dropping rents to attract tenants, hotel rooms are reducing prices and shops and restaurants that rely on Qatar's middle class for trade are closing due to a lack of demand, Reuters said.
The group, which is headquartered in Doha, employs more than 10,000 staff world-wide, and the latest cuts will amount to around 1 percent of its global workforce, a spokesperson said in a statement to Doha News.
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