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Search result with “Layoffs” as a keyword founded 169 news.BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... company is seeking to avoid layoffs during this difficult period. Founded ...Business Dec 20, 2024 | 9:23 pm
Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling
... mitigate the risk of mass layoffs. “We are committed to maintaining ... operations and avoiding mass layoffs during this challenging period,” Iwan ...Business Dec 20, 2024 | 3:52 pm
Breakdown of 15 Economic Policy Stimuli for Public Welfare in 2025
... buffer for workers who experience layoffs by providing cash benefits of ...Special Updates Dec 19, 2024 | 9:38 am
Government Projects 0.3% Inflation Increase with New 12% VAT Rate in 2025
... to mitigate the risks of layoffs. Small businesses are expected to ...Business Dec 18, 2024 | 9:36 am
Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class
... to mitigate the risks of layoffs. Small businesses are expected to ...Business Dec 17, 2024 | 6:08 pm
VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain
... to mitigate the risks of layoffs. Small businesses are expected to ...Business Dec 17, 2024 | 5:17 pm
Textile Industry Warns of Further Layoffs with 12% VAT Hike in 2025
... industry, as evidenced by the layoffs. Almost 180,000 to 200 ...Business Dec 6, 2024 | 8:36 pm
Government Finalizing 6.5 Pct Minimum Wage Hike for 2025 Despite Business Warnings
... policy could lead to widespread layoffs, particularly in labor-intensive industries ... . The decision comes amid rising layoffs nationwide, with the Manpower Ministry ...Business Dec 3, 2024 | 5:12 pm
Employers’ Association Criticizes Minimum Wage Increase
... expansion and lead to widespread layoffs. Apindo has urged the government ... extreme efficiency measures, including mass layoffs. In certain industries, this policy ... increase, potentially resulting in mass layoffs, fewer new job opportunities, and ...Business Dec 2, 2024 | 8:46 am
Apindo Warns of Economic Impact from 6.5% Provincial Minimum Wage Increase
... hike could lead to potential layoffs and hinder the creation of ...Business Nov 30, 2024 | 1:43 pm
Planned VAT Hike Lacks Public Support, Gov't Told
... , with a significant number of layoffs and a decline in formal ... , reduce company production performance, increase layoffs, and discourage investors. The greatest ... signs of stability post-pandemic. Layoffs are widespread, and formal jobs ...Business Nov 25, 2024 | 3:48 pm
Upcoming VAT Hike Worries Indonesian Car Buyers
... good idea amidst the massive layoffs taking place throughout the year ...Business Nov 25, 2024 | 9:07 am
Agus Gumiwang Appeals to Automakers to Avoid Layoffs Despite Falling Sales
... COVID-19, there were no layoffs. Now, with these extraordinary challenges ... , layoffs must still be avoided,” Agus ... have been no reports of layoffs in the sector despite weak ...Business Nov 22, 2024 | 4:23 pm
Labor Unions Plan National Strike If VAT Hike Goes Through
... survival, and lead to more layoffs across various sectors,” Iqbal said ...Business Nov 19, 2024 | 9:00 pm
Gaikindo Hopes 12 Pct VAT Will Have Little Impact on Car Sales
... . This could eventually trigger massive layoffs. Gaikindo reported wholesale car sales ...Business Nov 19, 2024 | 10:48 am
12 Pct VAT Can Take Toll on Minimum Wage Earners, Expert Warns
... hike could lead to massive layoffs. A VAT hike could prompt ...Business Nov 18, 2024 | 2:11 pm
Indonesia Reports $3 Million Smuggled Goods in Just One Week
... association also blamed the massive layoffs on imports. Textile giant Sritex ...News Nov 14, 2024 | 2:43 pm
Sritex Avoids Layoffs Amid Bankruptcy, Furloughs 2,500 Due to Material Shortage
... company has not implemented any layoffs among its 50,000-strong ... furloughs and could lead to layoffs. He stressed Sritex’s commitment ...Business Nov 13, 2024 | 11:02 am
Indonesia Steps Up Efforts to Curb Layoffs as Job Losses Near 60,000
... to address a spike in layoffs, with Labor Minister Yassierli announcing ... an effort to curb further layoffs, Yassierli urged all regions to ... by the high number of layoffs,” he explained. Yassierli also emphasized ...Business Nov 1, 2024 | 5:26 pm
Prabowo Leads Cabinet Meeting to Address Challenges Facing the Textile Industry
... More: Deputy Minister Assures No Layoffs for 50,000 Sritex Workers ... , the sector has been experiencing layoffs since May. According to the ... shut down, causing 10,800 layoffs from January to May 2024 ... , up from 7,200 layoffs in 2023 in Bandung and ...Business Oct 29, 2024 | 4:37 pm
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