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Tourism

Abu Dhabi developer of Louvre and Guggenheim clones cuts costs

Zainab Fattah

Photo Credit: An exhibition of the Abu Dhabi Louvre project on Saadiyat Island.  Flickr / Luca De Santis

Skift Take

The recent staff cuts could be business as usual or a nascent sign of troubled times for the $27 billion worth of projects in production on Saadiyat Island.

Tourism Development & Investment Co., the state-owned developer building branches of the Louvre and Guggenheim museums in Abu Dhabi, fired employees from several departments to reduce costs, two people with knowledge of the matter said. Job cuts were made in departments including project management and marketing, said the people, who asked no

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