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Businesses across Iran have begun laying off workers as the economy faces pressure from ongoing conflict, international sanctions and infrastructure damage. Approximately 2 million people have lost work due to the war and a nationwide internet blackout now in its fourth month, according to a New York Times report cited by the Jerusalem Post.
riotimesonline.comBusinesses across Iran have started laying off workers as the country's economy deals with the effects of ongoing conflict, international sanctions and damage to infrastructure. The combination of these factors has created significant challenges for Iranian enterprises.
Many businesses have reduced their workforces in response to disrupted operations and reduced economic activity resulting from the conflict.
The internet shutdown, now lasting more than three months, has compounded difficulties for sectors that depend on online connectivity. This includes businesses involved in e-commerce, remote services and digital communications, which have faced operational limitations during the blackout period.
Photographs from Tehran on May 11, 2026, showed daily life continuing in the city amid the economic pressures. One image captured a woman walking past a mural on a street in the capital. The reported job losses represent a substantial portion of Iran's workforce affected by the current conditions.
No specific breakdown by sector or region was provided in the coverage.
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techjuice.pkState-controlled Pakistan LNG Ltd purchased a cargo at $20.70 per MMBtu for early next week delivery. The purchase came via a tender that closed Wednesday amid halted shipments from Qatar through the Strait of Hormuz.
nypost.comThe figure equals more than 3 percent of the adult population. The Bank of Korea raised its policy rate on Thursday while regulators tightened rules on leveraged ETFs.
news.sky.comU.S. Customs and Border Protection issued $49.2 billion in refunds in June, bringing the total to about $71 billion. Companies report using the funds to offset higher costs from the Iran conflict and other pressures.