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Posts tagged as “emplpyed”

Garment factories driven overseas due to high overheads here; already 15,000 workers face job loss this year

By Chaminda Silva in The Island, Dec 28, 2022Around 15,000 garment workers employed in free trade zones would lose their jobs in 2023, Convener of the Free Trade Zone Workers’ Center, Gamini Ratnayake said. He said there were 148,000 garment workers in 14 free trade zones. It was likely that a number of other factories too would be closed down after new tax laws are implemented, he said. “Recently, one of the largest companies announced…