Sunday, August 24, 2025
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Pakistan Steel Mills Lays Off 1,350 Workers in Cost-Cutting Move

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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.

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