The government will provide Tk 525.46 crore from public coffers to clear wages and other service benefits of workers and officials of 14 Beximco textile and garment units that will shutter from today.

Due to a lack of work, layoffs were initiated under the Bangladesh Labour Act

Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.

Beximco's problems are evidence of a number of ongoing problems in the garment industry.