500,000 Textile Jobs Lost: As 10,000 Companies Shut Down, the Government Pours Billions into the OTS
Once Turkey’s largest source of industrial employment, the textile and garment sector is experiencing a historic collapse. Over the past three years, more than 500,000 textile workers have lost their jobs and 10,000 companies have shut their doors. In the first five months of 2026 alone, another 790 firms were liquidated, leaving 8,281 more workers…