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Industrial Downsizing Wave: Factory Closures and Layoffs Are on the Rise.

Summary by Cumhuriyet
Industrial companies are successively announcing decisions to close factories, reduce capacity, and lay off workers. Developments in different sectors and the increase in the number of factories put up for sale have once again highlighted the cost and financing pressures in the real sector.

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Industrial companies are successively announcing decisions to close factories, reduce capacity, and lay off workers. Developments in different sectors and the increase in the number of factories put up for sale have once again highlighted the cost and financing pressures in the real sector.

·Istanbul, Türkiye
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A wave of production cuts, factory closures, and layoffs swept Turkish industry.

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Cumhuriyet broke the news in Istanbul, Türkiye on Wednesday, November 11, 2026.
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