-Advertisement-

Pakistan Steel Mills Lays Off 1,350 Workers in Cost-Cutting Move

- Advertisement -

Pakistan Steel Mills (PSM) has dismissed 1,350 employees as part of efforts to ease its financial burden. The layoffs affect workers across various roles, including drivers, firemen, and operators.

A PSM spokesperson confirmed that a list of affected employees had been finalized, and termination letters were sent to their homes. This move is part of the ongoing restructuring efforts aimed at addressing the mill’s financial challenges.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Venezuela Wins First WBC Title Defeating U.S. 3-2

Venezuela Secures First WBC TitleVenezuela stunned the United States...

Nvidia’s AI Graphics Boost Faces Criticism Amid Gaming Fears

New graphics-boosting AI technology from chip giant Nvidia has...

Meghan Markle Faces Criticism Over ‘Bizarre’ As Ever Product Launch

Meghan Markle unveiled a new product from her lifestyle...

US Stocks Plunge Amid Middle East Tensions and Inflation Fears

Wall Street closed sharply lower on Friday, marking its...
-Advertisement-