Dhaka, Aug. 2 -- The Dhaka Stock Exchange (DSE) on Sunday clarified its position on the recent termination of 17 employees, saying the move was part of a long-term organisational transformation process that has been underway since 2022, and not a sudden or punitive decision.

In a message signed by Deputy General Manager Shafiqur Rahman, the bourse said various discussions and comments had been circulating over the termination of some employees, prompting it to clarify facts to remove confusion.

The exchange said recruitment and termination of employees are both normal and legally recognised management processes followed by private organisations worldwide, including in Bangladesh, based on business realities, organisational restructuring...