Keya Group Lays Off 627 Workers Across Four Factories in Gazipur
Keya Group has laid off 627 workers and employees across four of its industrial establishments in Gazipur. The companies cited severe banking complications, gas disconnection, and surplus workforce as the primary reasons.
In an administrative decision affecting hundreds of workers, the management of Keya Group has laid off a total of 627 workers and employees across four of its major industrial units situated in the Jorun area of Konabari, Gazipur. The sweeping job cuts target multiple divisions within the prominent corporate industrial group, impacting the livelihoods of numerous individuals connected to the manufacturing sector in the region.
According to the verified official details of the restructuring, the specific factories affected by this mass termination include the Keya Group Knit Composite Division, the Spinning Division, the Cotton Division, and Keya Yarn Mills Limited. These four distinct entities have all implemented the workforce reduction simultaneously as part of the group's ongoing operational changes in the Gazipur industrial zone.
Company authorities explained that a combination of critical operational and financial hurdles forced the management to take this drastic step. The primary driving factors behind the decision to lay off the 627 employees include severe banking complications that disrupted regular financial flows, the inability to pay outstanding gas bills which ultimately resulted in the complete disconnection of the utility lines, and the existence of an excess workforce relative to the current operational requirements of the factories.
The announcement follows a prolonged period of operational suspension for the industrial units. Official records confirm that the affected manufacturing plants have remained under a formal system of lay-off status since the 6th of June, leading up to the current permanent staff reduction across the four targeted facilities.
The situation has drawn the attention of local law enforcement and administrative bodies tasked with maintaining order in the industrial hub. Representatives from both the Industrial Police and the Gazipur Metropolitan Police are monitoring the developments closely to ensure security and manage any potential unrest stemming from the sudden termination of 627 workers in the Konabari area.
