Migrant workers, who work for Saudi Binladin Group, look for their names as they ask for a final settlement over salary issue, in Riyadh March 29, 2016. REUTERS/Faisal Al Nasser
DUBAI (Reuters) - Construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday, as pressure on the industry rises amid government spending cuts to survive an era of cheap oil.
The total workforce at Binladin, one of Saudi Arabia's biggest firms and among the Middle East's largest builders, is around 200,000, according to its LinkedIn page.
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