Economics

Top Qatar State Companies Cut Wage Bills Over Pandemic

Qatar Airways aircraft in Dubai.

Photographer: Jasper Juinen/Bloomberg

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Some of Qatar’s biggest state-owned companies have cut their wage bills as part of a wider government plan to reduce spending and bolster finances to mitigate the impact of the coronavirus outbreak.

Qatar Petroleum, the world’s biggest producer of liquefied natural gas, cut about 800 jobsBloomberg Terminal, according to a person with knowledge of the matter. Qatar Airways is reducing basic salaries for non-Qatari pilots by as much as 25% and is poised to cut jobs in the coming weeks, according to an internal letter seen by Bloomberg.