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Materials & Chemicals · Egypt

El Nasr Company for Coke and Chemicals layoffs

We've tracked one El Nasr Company for Coke and Chemicals layoff, in Sep 2022, affecting 1,200 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

1K

Across tracked announcements

Announcements

1

Sep 2022 → Sep 2022

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −1,200

    Egypt's state owned coke maker was put into liquidation after continued losses, the fourth public industry shutdown since 2018.

    About the figure: Whole company liquidation; compensation terms were still being negotiated with the union.

    Source: Mada Masr

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