DHAKA -- On the morning of Jan. 2, workers at four Keya Group apparel factories in Gazipur, Dhaka's garment district, received notice they would lose their jobs on May 1, International Workers' Day. The conglomerate, they were told, had decided to permanently close the plants.
Economy
Garment factory closures cast dark shadow over Bangladesh economy
Lower GDP growth, plummeting demand and growing unemployment wreak havoc
Ready-made garment workers toil in a factory in Dhaka in June 2024. Bangladesh is "heading towards a socially alarming situation," one researcher said. © AP
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