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Global layoff storm disrupts Indonesia's tech companies
Technology start-ups are laying off employees around the world, taking the sheen off a sector many graduates and young professionals in Indoensia consider the crème de la crème of employment opportunities.
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People crowd LinkAja payment booths during the digital payment platform’s launch event on June 30, 2019 at the Gelora Bung Karno Sports Complex in Senayan, Jakarta. (kontan.co.id/Carolus Agus Waluyo)
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wave of layoffs is sweeping across start-ups in Indonesia and other countries, taking the sheen off a sector many graduates and young professionals consider the crème de la crème of employment opportunities.
Countless messages posted on social media platforms show how young employees are drawn to the plush offices of youthful tech firms. But while many welcome the excitement of working in a changeable workplace, some have gotten more than they bargained for.
A case in point is digital payment provider LinkAja, a subsidiary of state-owned Telkomsel, which recently announced staff cutbacks.
Established in 2019 to replace Telkomsel Cash, LinkAja aimed to provide streamlined payment services for state-owned banks that had hitherto relied on their own disparate systems, such as Bank Mandiri e-Cash, T-Bank by Bank BRI and UnikQu by Bank BNI.
LinkAja group corporate secretary Reka Sadewo told The Jakarta Post on Thursday that the company was laying off employees for “human resources reorganization” as the company rearranged its business focus and goals.
“Change is something that is constantly happening in a growing company, and adjustments within the company will also continue to occur,” said Reka.
“Whatever changes are made within the company will not affect the quality of our services or [our] commitment to always provide the best for users," he added.
