Massive layoffs inevitable: Businesspeople
The Jakarta Post
Extensive layoffs in Indonesia’s manufacturing and service sectors are growing inevitable as the businesspeople’s appeal to the government to suspend the rise in minimum wages goes unheeded, a senior businessman says.
Indonesian Employers Association (Apindo) chairman Sofjan Wanandi said that at least 500,000 workers in about 1,500 companies across the country might lose their jobs in ...
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