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Dubai’s Danube Group says no plan to cut jobs, assures salaries to be paid on time
Chairman and founder Rizwan Sajan says company will ‘stand by’ its 6,000-plus employees in these challenging times due to regional military conflicts
- PUBLISHED: Tue 31 Mar 2026, 8:32 PM
[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.]
The Dubai-based Danube Group has pledged not to cut jobs and to pay salaries on time, reassuring more than 6,000 employees amid ongoing regional tensions.
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The company’s statement comes as businesses across the UAE and the Gulf navigate challenges stemming from the US-Israel-Iran military conflict, now in its second month.
“We will not lay off any employees. All salaries will be paid on time. Our 6,000-plus employees are not just our workforce; they are our family,” said Rizwan Sajan, founder and chairman of Danube Group.
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“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,” he added.
Danube Group operates across real estate, building materials, home furnishing, and hospitality.
During the Covid-19 pandemic, the company had similarly committed to retaining staff and later reversed salary cuts implemented in April and May 2020.
Recruitment industry executives say many UAE companies view the current conflict as temporary, creating short-term pressure on revenues rather than a prolonged downturn. As a result, firms are avoiding large-scale layoffs, instead redeploying staff and encouraging employees to take accrued leave.
Adel Mardini, President and CEO of Jetex, earlier told Khaleej Times the company has no plans to cut jobs despite a slowdown.
“We have zero plans to cut any positions. Training and certifying airport staff takes time, and we want to be ready when demand fully returns,” he said.
Jetex, which employs more than 1,000 people, plans to expand its network from 44 to 50 airports across Africa, the Middle East, and Europe by late 2026 or early 2027.
