Approximately 4,000 OFWs are obliged to stop working in oil companies situated in Middle East. The figures was confirmed by the Philippine Association of Service Exporters, Inc.
As the largest recruitment agency in the Philippines, they stated that 15% of their clients are declining work opportunities in the field of oil mining in Middle East countries.
The OFWs who lost their jobs will soon return to the country of origin. Most of the affected Filipinos are coming from Saudi Arabia.
The decrease of oil prices across the world is one of the reason for the loss of jobs. In line with that, lesser job offers were received for the past few weeks.
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