Mass Employment Layoffs Feared to Persist
Mass severance of layoffs in the export-oriented, mass labor-absorbing manufacturing industry is expected to continue in 2023 due to weakened demands from overseas markets amidst economic uncertainty.
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From the right, Apindo Head of Trade Benny Sutrisno, Apindo Chair Anton Supit, Deputy General Chair of Apindo Suryadi Sasmita, Shinta Kamdani, Chair of Apindo Wages Aloysius Budi, and Chair of the Apindo Regulatory Committee Myra Hanartani attending a discussion at the Kompas Editorial Office, Jakarta, Tuesday ( 13/12/2022). This discussion discussed various aspects of wages and employment in Indonesia.
JAKARTA, KOMPAS — Mass severance of layoffs in the export-oriented, mass labor-absorbing manufacturing industry is expected to continue in 2023 due to weakened demands from overseas markets amidst economic uncertainty.