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More than 1,000 garment workers who were sacked after their lingerie factory closed down last year will receive a total of US$8.3 million (about 282 million baht) in compensation.
Thai workers who were sacked last year from a factory supplying global lingerie brands including Victoria's Secret will receive 285.2 million baht, in what labour activists say is the biggest settlement of its kind in the global garment industry.
More than 1,250 Thai workers sewed bras for Victoria's Secret, Lane Bryant and Torrid. They were laid off last year without their legally required severance. Workers received 281 million baht ($8.3 million) in compensation. The compensation will be financed by Victoria's Secret via a loan arrangement with the workers.