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Jakarta Post

Indosat cuts 677 jobs to boost efficiency'

  • Riska Rahman

    The Jakarta Post

Jakarta   /   Tue, February 18 2020   /  01:45 am

Telecommunications service provider PT Indosat has taken a further step to improve its financial state by laying off almost 700 employees in recent days.In a statement obtained by The Jakarta Post over the weekend, Indosat director and human resources chief Irsyad Sahroni said the company was laying off 677 employees as part of changes to its organizational structure to be more agile and focus on customers and market demand.“We have thoroughly reviewed all possible options and have reached the conclusion that we must take this tough but necessary action to be sustainable and grow,” he said.He went on to say that the privately owned company was taking a fair approach in line with the prevailing laws and regulations and offered a better compensation package than required by law.As of Friday, about 80 percent of the impacted employees had accepted the package, he said. The publicly list...