In Kanpur, JK Cotton Spinning and Weaving Mills Company, the flagship of the erstwhile undivided JK Group, has been closed since 1989. The mill was closed while it was undergoing an ambitious modernisation programme with financial aid from several national financial institutions of India. The case has been under the purview of the Board of Industrial and Financial Reconstruction since 1991. The workers of JK Cotton have neither got any remuneration nor any compensation since 1989. This study is an attempt to understand the effect of the closure on the workers of the mill and the changes in their lives in the years since the mill was closed.