Iran sees mass redundancies from war with US and Israel

Iran has been hit by a massive wave of redundancies, both directly and indirectly as a result of the conflict with the US and Israel. Its Deputy Work and Social Security Minister, Gholamhossein Mohammadi, said two days ago that two million people had lost their jobs because of the war. The widespread lay-offs are one of the biggest topics of conver...

Iran has been hit by a massive wave of redundancies, both directly and indirectly as a result of the conflict with the US and Israel.

Its Deputy Work and Social Security Minister, Gholamhossein Mohammadi, said two days ago that two million people had lost their jobs because of the war.

The widespread lay-offs are one of the biggest topics of conversation among ordinary Iranians on social media. Employers and government officials euphemistically refer to it as "balancing the workforce".

The impact goes far beyond factories closed down after being hit by air strikes. It also includes other manufacturers, retailers, import and export business, and the digital sector.