Textiles & Apparel · Sri Lanka
MAS Holdings layoffs
We've tracked one MAS Holdings layoff, in Feb 2026, affecting 2,200 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
2K
Across tracked announcements
Announcements
1
Feb 2026 → Feb 2026
AI-attributed
0%
Of affected people
Every tracked announcement
- −2,200
Sri Lanka's largest apparel exporter ended garment production at its Methliya plant in Thulhiriya to convert it to fabric processing, citing a prolonged fall in global apparel demand.
About the figure: Jobs affected rather than confirmed losses: all 2,200 were offered transfers to other MAS plants or compensation.
Source: Daily FT
Working at MAS Holdings, or somewhere like it?
Check your company against the 15 warning signs we saw before cuts like these, or see how exposed your own role is.
Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.