Saudi elites humbled by pay cuts, told to buy their own cars, as oil prices drop

Saudi elites humbled by pay cuts, told to buy their own cars, as oil prices drop

by WorldTribune Staff, September 28, 2016 The unwritten rule in Saudi Arabia’s labor force has long been that private sector employees, in return for lifetime employment, would look the other way as public sector elites collected massive salaries and huge bonuses and enjoyed lavish perks. As the price of crude oil continues to plunge, however, […]