Question:

Pakistani Software Giant Ultimus is closing its pakistan office laying off more than 100 employees.

by Guest8698  |  12 years, 9 month(s) ago

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it has been an inside scoop that Software Giant Ultimus based in Islamabad Pakistan is closing its Pakistan Office and Laying off more than 100 employees. Employees are given just short notice to leave. it is moving its Pakistan office to USA. Rumors are this move is done to sell the company by moving from pakistan and setting up small office in USA to Show higher profits generated lesser costs.

 Tags: 100, Closing, employees, Giant, laying, Office, Pakistan, Pakistani, software, Ultimus

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  1. Guest5783
    yes rumors are TeraData and Bentley are also closing their businesses in Pakistan or limiting their operations.

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