DEEP CUTS

Saudi PIF reported to be weighing NEOM job cuts, relocating staff

Staff relocated from the site in western Saudi Arabia would lose remote location benefits, including housing and meals, according to Semafor

Laurent Coust/SOPA Images/LightRocket via Getty Images

NEOM's logo at a trade fair in France

Saudi Arabia is considering significant cuts to the workforce at NEOM and could relocate more than 1,000 jobs to Riyadh, according to a media report.

Neom, the Public Investment Fund’s umbrella company for a host of megaprojects in...