-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

PM Shehbaz Announces 50% Work-from-Home Plan to Cope with Fuel Crisis

Prime Minister Shehbaz Sharif unveiled a comprehensive austerity plan...

US-Israeli strikes across Iran reach 787 fatalities amid heightened tensions

In the fourth day of escalating hostilities, Iran’s death...

Former Prince Andrew Worries He Can’t Pay Legal Fees After King Charles Refuses Assistance

Former Prince Andrew is grappling with increasing anxiety as...

Dar Reiterates Call for De-escalation with Bahraini FM Amid Iran Tensions

Deputy Prime Minister and Foreign Minister Ishaq Dar emphasized...
-Advertisement-