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Iran Faces Mass Layoffs as War, Internet Shutdown and US Blockade Cripple Economy

Summary by Live Mint
Iran is losing millions of jobs as US-Israeli war damage, a government internet shutdown and a port blockade push tech firms, factories and small businesses to collapse. Here is what is happening on the ground.

2 Articles

The war with the US and Israel devastated the Iranian economy, causing massive cuts in the private sector, reporting to The New York Times, citing interviews with business owners, workers, and local media.

·Moscow, Russian Federation (the)
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RTVI broke the news in Moscow, Russian Federation (the) on Sunday, May 10, 2026.
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