According to the sources, the digital media outlet, owned by Malik Riaz, laid off employees due to a financial crisis. The sudden restructuring has sent a wave of concern amongst the employees.
In a statement issued on its LinkedIn account, Nukta said the decision was made to ensure “long-term sustainability” and reaffirmed its commitment to its broader regional vision.
Meanwhile, after the development, the Federal Minister for Information and Broadcasting, Attaullah Tarar, on Wednesday announced that the government will provide the dismissed Nukta employees new jobs within 48 hours.