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Textiles & Apparel · Bangladesh

Beximco Group layoffs

We've tracked one Beximco Group layoff, in Dec 2024, affecting 40,000 people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

40K

Across tracked announcements

Announcements

1

Dec 2024 → Dec 2024

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −40,000(57% of workforce)

    Bangladesh's largest garment and textile group laid off workers at its Gazipur apparel units, citing no export orders after banks stopped opening its letters of credit.

    About the figure: Began as a statutory layoff on half basic pay; the government later ordered the units closed permanently.

    Source: The Daily Star

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.