PSM’s fate
October 13, 2019
The PSM was Pakistan’s biggest industrial production unit established in 1985. Pakistan Steel was a profitable well-managed organisation, and nobody could imagine that this country’s largest industrial unit would go bankrupt and will not be able to even pay its employees’ salaries
Things went back because of over staffing of useless employees, incompetence of top management policies etc. The most significant reason behind the PSM’s collapse was management corruption.
Ahmer Idrees
Karachi
-
King Charles, Princess Anne, Prince Edward Still Shield Andrew From Police -
US Set To Block Chinese Software From Smart And Connected Cars -
Carmen Electra Says THIS Taught Her Romance -
Leonardo DiCaprio's Co-star Reflects On His Viral Moment At Golden Globes -
SpaceX Pivots From Mars Plans To Prioritize 2027 Moon Landing -
King Charles Still Cares About Meghan Markle -
J. Cole Brings Back Old-school CD Sales For 'The Fall-Off' Release -
GTA 6 Built By Hand, Street By Street, Rockstar Confirms Ahead Of Launch -
Funeral Home Owner Sentenced To 40 Years For Selling Corpses, Faking Ashes -
Why Is Thor Portrayed Differently In Marvel Movies? -
Dutch Seismologist Hints At 'surprise’ Quake In Coming Days -
Australia’s Liberal-National Coalition Reunites After Brief Split Over Hate Laws -
DC Director Gives Hopeful Message As Questions Raised Over 'Blue Beetle's Future -
King Charles New Plans For Andrew In Norfolk Exposed -
What You Need To Know About Ischemic Stroke -
Shocking Reason Behind Type 2 Diabetes Revealed By Scientists