“OMV” company to lay off 86 Yemeni employees in Shabwa

SHABWA, Dec. 29 (YPA) – The Austrian oil company “OMV,” operating in the “S2” block of Shabwa province, is poised to lay off 86 Yemeni employees in the second round of job cuts targeting local staff.

Informed sources revealed that the decision to terminate the employment of these workers follows their placement on compulsory leave. The company has cited a liquidity crisis, stemming from halted operations, as the reason for its inability to disburse salaries.

Over the past months, OMV has arbitrarily dismissed 33 Yemeni employees in the ‘Uqla’ oil block in Shabwa, as part of a planned 200-employee dismissal, in violation of laws governing oil production partnership agreements that international companies in Yemen are bound to follow.

The Shabwa province is currently under the control of UAE-backed factions in southeastern Yemen.

YPA