Rizwan Sajan, Founder and Chairman of Danube Group, has confirmed that the company will not lay off any of its employees, and that all salaries will be paid on time.
In an Instagram post, Sajan addressed to the group’s workforce of more than 6,000 people, signals the company’s position on staff retention during a period of economic uncertainty.
In his message, Sajan said: “We will not lay off any employees at Danube Group. All salaries will be paid on time.”
He went on to describe the relationship between the company and its staff, stating: “Our 6,000+ employees are not just our workforce, they are our family. They believed in us, stood by us, and helped build Danube Group into what it is today. In times like these, we stand by them with the same commitment.”
Mohamed Alabbar says no staff or salary cuts at Emaar Hospitality: “We are strong enough
Recently, Mohamed Alabbar also confirmed that Emaar will not be cutting salaries or reducing headcount across its hospitality division despite the challenges facing the sector.
“We’ve decided we are not going to reduce salaries in our hospitality and our company,” Alabbar said. “We are not going to release people. We are strong enough to go through this.”
His words follow a period in which regional developments have had an effect on visitor numbers and occupancy rates across the UAE.
“Sheikh Mohammed bin Rashid keeps telling me, there is a day and there is night, and the night comes. Are you ready for the night? Honestly, we are ready for the night every single night of our lives.”
Drawing on a track record of navigating global crises from the 1997 Asian financial shock to COVID-19, Alabbar argued that preparation is what separates companies that can protect their people from those that cannot.
“Shame on us if we cannot build a resilient organisation that can last almost anything. That is not so easy to do unless you really prepare, prepare for years, and you are serious about it.”
He remained bullish on recovery, pointing to the speed with which cities like New York, Mumbai and Bangkok have bounced back from far greater shocks. “The resilience of human beings and their memory is something that is great for the world.”
