Kuwait announces plans to lay off certain employees

Kuwait’s Ministry of Public Service has announced plans to retire employees who have exceeded 32 years of service in an effort to reduce the size of the public sector and streamline government operations. The ministry stated that the decision was made in accordance with the Public Service Law, which allows for the retirement of employees who have reached the age of 60 and have completed at least 32 years of service.

This move is part of Kuwait’s broader efforts to reform its public sector and reduce its reliance on oil revenue. The country’s economy has been hit hard by the decline in oil prices in recent years, and the government has been working to diversify its revenue streams and reduce its expenditure. The ministry’s decision to retire long-serving employees is expected to help achieve these goals by freeing up resources and allowing for the hiring of younger, more productive workers.

The retirement of these employees will not be without consequences, however. Many of the employees who will be affected by this decision have spent their entire careers working for the government and will now face the prospect of losing their jobs and livelihoods. In addition, the retirement of these employees will also result in a loss of institutional knowledge and experience, which could potentially impact the efficiency and effectiveness of the public sector.

To mitigate the impact of these retirements, the ministry has announced that it will offer severance packages and other benefits to the affected employees. It has also stated that it will work to find employment opportunities for those who are interested in continuing to work.

Overall, the decision to retire long-serving employees is a significant move that will have far-reaching consequences for both the government and the affected employees. While it may help to improve the efficiency and financial stability of the public sector, it will also have a significant impact on the lives of those who have dedicated their careers to serving the government.

Tags : Kuwait