Job losses and pay cuts as Lebanon’s economy crumbles

  • Date: 30-Nov-2019
  • Source: Arab News
  • Sector:Economy
  • Country:Lebanon
  • Who else needs to know?

Job losses and pay cuts as Lebanon’s economy crumbles

article author: AFPAuthor: Fri, 2019-11-29 23:13

BEIRUT: Weeks into a protest movement partly driven by a collapsing economy, Lebanese interior architect Laeticia Nicolas was called in by her boss and told she was fired.

"There had been fewer and fewer projects for a year,“ said the 28-year-old, who since Oct. 17 has taken part in anti-government protests sweeping the country.

"Before the revolution began, they warned us they would be paying just half our salaries in exchange for reducing working hours,“ she said.Main category: Business & EconomyTags: Lebanonlebanon economy