Dubai-based business magazine Middle East Economic Digest (MEED) has made four people redundant amid a challenging economic climate.
The publication, which has operated in the Middle East for 58 years, has cut its editorial staff of 15 down by nearly a third, with both print and digital positions affected.
In a letter sent to the affected members, the company’s management cited the current market conditions and business performance as reasons for the redundancies.
A source told Campaign that as many as 11 staff could lose their jobs across the company.
The cuts come just five months after the subscription-based title abandoned its long-running weekly journal in favour of a mont
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