"Layoff fears grip country’s industrial sector", 17 June 2026

Bangladesh’s industrial sector is facing mounting pressure from multiple challenges, including global economic uncertainty, energy shortages, declining orders, and persistent power outages. As businesses struggle to survive, factories are shutting down almost every month, raising concerns about widespread job losses across the country.

Industry owners say many factories are operating at a loss due to reduced production. To cope with financial strain, employers are increasingly cutting manpower, leaving thousands of workers worried about their livelihoods...

Industrial Police Director Mominul Islam said factory owners are generally following labor laws by issuing notices and settling workers' dues before carrying out layoffs. However, many workers complain that they only learn of their dismissal after returning from Eid holidays...

The growing wave of layoffs highlights the challenges facing Bangladesh’s industrial sector as businesses struggle to navigate a difficult economic environment while workers grapple with increasing uncertainty about their future employment.