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lay-off

Heineken to cut 8,000 jobs as virus takes fizz out of sales
Business 5 years ago

Heineken to cut 8,000 jobs as virus takes fizz out of sales

Heineken, the world's number two brewer, said it recorded a net loss of 204 million euros ($247 million) in 2020, a 109 percent fall in profits from the year before.
Fragile recovery seen in global labor market after huge 2020 losses: ILO
Business 5 years ago

Fragile recovery seen in global labor market after huge 2020 losses: ILO

ILO data show that women and younger workers were most affected, while the hardest-hit sectors were accommodation, food services, retail and manufacturing, it said.
West Java sees mass layoffs due to COVID-19
National 5 years ago

West Java sees mass layoffs due to COVID-19

Over 19,000 employees in West Java have lost their jobs due to COVID-19.
Companies struggle to sell due to weaker purchasing power: Employers association
Business 5 years ago

Companies struggle to sell due to weaker purchasing power: Employers association

Employers have said that companies have been struggling to market their products as Indonesia has been hit hard by the COVID-19 health crisis, which has weakened people's purchasing power in the country.
Bailing out 60 million firms
Editorial 5 years ago

Bailing out 60 million firms

Our concern is how the government ensures that it will not be trapped into subsidizing unproductive firms and that taxpayer money will reach the targeted beneficiaries all across the country.
Gojek lays off 430 employees amid pandemic impact
Business 5 years ago

Gojek lays off 430 employees amid pandemic impact

Indonesian ride-hailing decacorn Gojek announced on Tuesday evening that it would lay off 430 employees, around 9 percent of its total workforce, as the COVID-19 pandemic has battered demand for its lifestyle services.
Boeing set to announce significant US job cuts this week: Union
Business 5 years ago

Boeing set to announce significant US job cuts this week: Union

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent".
Not all companies unable to pay Idul Fitri bonuses, labor union says as businesses ask for leeway
National 5 years ago

Not all companies unable to pay Idul Fitri bonuses, labor union says as businesses ask for leeway

The Indonesian Employers Association (Apindo) submitted on April 6 a proposal to the Office of Coordinating Economic Minister and the Workers Social Security Agency (BPJS Ketenagakerjaan), asking to postpone the payment of THR for a year due to the COVID-19 crisis.
KSP Indosurya 'beyond our authority', says OJK about cooperative in default
Business 5 years ago

KSP Indosurya 'beyond our authority', says OJK about cooperative in default

The Financial Services Authority (OJK) says the case of savings and loans cooperative KSP Indosurya, which has failed to repay customer funds, lies outside of its supervision.
Govt introduces new social benefits as 2.8 million lose jobs
Business 5 years ago

Govt introduces new social benefits as 2.8 million lose jobs

The program, which was part of President Joko “Jokowi” Widodo’s campaign pledge, initially aimed at providing Indonesian workers the necessary skills training for work.
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