While 54,000 residents over 60 years of age without a degree wait for a final decision with regards to renewing their work permits, there has been a “wave” of layoffs of people in this category in some companies.
Companies that terminated the jobs of their expat employees aged over 60 were forced to take this step in order to limit the risks of a long wait for the government’s decision. Employees were also told in case their work permits are approved, their return to work will be according to the company’s need for them.
Meanwhile, residents who face layoffs before their work permits are renewed face a new problem, which is searching for a new sponsor.
