Iran sees mass redundancies from war with US and Israel
Iran has seen a massive wave of redundancies due to the conflict with the US and Israel, with two million people losing their jobs. The impact is felt across various sectors, including manufacturing, retail, and the digital sector.
Iran's conflict with the US and Israel has led to a significant increase in redundancies, with two million people losing their jobs. The lay-offs are widespread, affecting factories, manufacturers, retailers, and the digital sector. The Iranian government's decision to impose an internet blackout has also hit the tech sector, costing the economy over $1.8bn. Female earners, who rely on platforms like Instagram to sell products, have been particularly affected. The war has also disrupted supply chains, with factories shutting down due to lack of materials. The car manufacturing sector, which employs around one million people, has also seen multiple layoffs across its supply chain.
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