KARACHI: The chief executive officer (CEO) Pakistan Steel Mills has moved the Labour Court for more terminations from the PSM, ARY News reported on Monday.
The plea has been filed under section 11-A of the West Pakistan Industries Act.
CEO Pakistan Steel Mills has stated that it is not possible to run the mills as it has become a burden over the national exchequer. “The government has decided to privatized the mills and for that more lay-offs are the need of the hour.”
The applicant has pleaded with the court to allow for more termination of the employees from the mills.
Last month, the Pakistan Steel Mills (PSM) had sacked its 4,544 employees and sent their termination letters via post.
Read more: ECC approves golden handshake plan for PSM employees: sources
The PSM spokesman had said that they had prepared a list of the employees who had been sacked and included from separate cadres including teachers, drivers, firemen, operators, health and security staffers, SEDGMs, managers and others.
Meanwhile, a workers group named Stakeholders Group had rejected the decision and said that it seems that the state has become irrelevant in the PSM matter.
The post PSM CEO seeks court nod to lay off more workers appeared first on ARY NEWS.
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