PSM Seeks Labour Court Permission for Further Layoffs
The Dawn reported that Pakistan Steel Mills Chief Executive Officer Mr Syed Shuja Hasan told a labour court that the mills could see further layoffs in the
The Dawn reported that Pakistan Steel Mills Chief Executive Officer Mr Syed Shuja Hasan told a labour court that the mills could see further layoffs in the days to come since it has been slated for privatisation by the government and is not viable with its current labour force. The petition has been filed by the management in Labour Court 4 for permission to lay off the remaining employees. As per Standing Order 1968 they are required to submit a retrenchment plan to remove the remaining employees. The judge has set January 6 as the date to hear the case.
Labour representatives were present in large numbers and raised a protest as the petition was heard.
The Economic Coordination Committee decided in May that all employees of the steel mill will be laid off as preparation for its privatisation. Those plans are now advancing. The PSM management has already announced the sacking of 4,544 employees last week. That decision was challenged in a court the next day. The total labour force of the mills is 8,500, leaving almost 4,000 employees still on the payroll.