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Search result with “Textile Industry Layoffs” as a keyword founded 61 news.
Economy Falters as Expert Urges Government to Move Beyond Rhetoric
... amid slowing growth, rising layoffs, and deflation, prompting ... consumer purchasing power, widespread layoffs, and a decline in ... one high-profile case, textile giant Sritex went bankrupt, ... Signals Weak Consumer Demand, Industry Struggles in Indonesia While ...Business Jun 4, 2025 | 11:55 am
Can Indonesia Provide A Better Life for Its Workers?
... Indonesia has witnessed massive layoffs happening across labor-intensive ... their sector. Indonesia’s largest textile firm Sritex had to ... 500 workers. And these layoffs hit Indonesia before US ... Indonesian Chamber of Commerce and Industry (Kadin) said that ...News May 2, 2025 | 12:24 pm
Ahead of May Day, Labor Unions Call on Prabowo to Fulfill Promises
... of a Task Force on Layoffs (Satgas PHK), which ... wave of layoffs, ranging from the tech industry to the textile sector. ... Sritex, Southeast Asia's largest textile company, recently laid off ... Read More: Deflation and Layoffs Weaken Indonesia’s Ramadan Spending ...News Apr 28, 2025 | 5:16 pm
Time for Indonesia to Get Rid of Ageism in Hiring
... to cushion the massive layoffs that the worsening US- ... those working in the textile and footwear industry. “Such age restrictions ... are a grave concern. Many people impacted by layoffs ... working hours and layoffs, among others.News Apr 28, 2025 | 3:26 pm
Indonesia Prepares Economic Stimulus to Counter US Tariffs, Protect Local Jobs
... baseline tariff in the interim. Textile exports, Indonesia’s labor-intensive and ... ,” he said. Read More: Indonesia’s Textile Industry Faces Layoff Surge, Up to ... force to respond to potential layoffs resulting from trade disruptions. “The ...Business Apr 18, 2025 | 6:15 pm
“My Saddest Eid”: Cirebon Factory Closure Leaves 1,126 Jobless, Workers Demand Rehire
... of mass layoffs sweeping the nation’s textile and footwear industries ... Central Java, Indonesia’s largest textile company, Sri Rejeki Isman ... collapsing orders. The industry is struggling under falling ... Strike, Triggers Mass Layoffs In Cirebon, Yihong Novatex ...Business Apr 6, 2025 | 4:18 pm
Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries
... widespread factory closures and mass layoffs. The move comes amid declining ... and production speed,” Airlangga explained. Textile Industry Labor-intensive sectors play a crucial ... and export revenues. The textile industry alone employs over four million ...Business Mar 20, 2025 | 12:09 am
Prabowo Gathers Indonesian Tycoons for Talks on Danantara
... people. Infrastructure development and the textile industry also came up in the ... discussions. Indonesia's textile industry is currently under immense pressure ... of cheap imports and mass layoffs. Aguan owns Agung Sedayu Group ...Business Mar 7, 2025 | 9:03 am
Beverage Producers Try Their Best to Avoid Layoffs as Excise Looms
... pressure on the industry could lead to layoffs. The government ... layoffs has hit Indonesia. Most recently, the country's largest textile ... for refreshments. As the industry faces problem after problem, ... say that the industry is safe [from layoffs], but we are ...Business Mar 5, 2025 | 8:44 pm
Factories Struggle as Indonesia Faces Industrial Challenges in 2025
... factories in China and Japan. Industry Minister Agus Gumiwang Kartasasmita has ... their future. Bapintri In the textile sector, Bapintri (Mbangun Praja Industri ... layoffs in 2025 highlights the growing difficulties faced by Indonesia’s manufacturing industry ...Business Mar 5, 2025 | 6:18 pm
Less Beef Import for Private Sector Said to Worsen Indonesia's Layoff Worries
... concerns in the Indonesian meat industry. The government initially let private ... flourish would only lead to layoffs. With only around 40 percent ... workers at the country's largest textile producer Sritex lost their jobs ...Business Mar 3, 2025 | 8:00 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... 8,500 workers. Mass layoffs have been carried out ... largest and most renowned textile companies, with production ... time when Indonesia’s textile and garment industry is under pressure, ... Despite these challenges, the textile industry remains a vital non-oil ...Business Feb 28, 2025 | 2:59 pm
Luhut: Indonesia Must Guard Textile Industry from China’s Export Surge
Jakarta. Indonesia must protect its textile industry from an influx of Chinese ... Factory Closures Despite the industry's investment growth, layoffs continue to rise. The ... cuts in the textile sector could surge, with layoffs potentially increasing from ...Business Feb 27, 2025 | 9:57 am
Authorities Foil Smuggling of Textile Products from China
... emphasized that illegal textile imports harm the local industry, disrupt markets, ... for the decline of Indonesia’s textile industry. According to Danang Girindrawardana, ... revealed that 60 textile companies are planning layoffs, potentially affecting up ...Business Feb 5, 2025 | 9:20 pm
Indonesia to Possibly Revise Rule That Eases Import Curbs
... for the massive layoffs in the Indonesian textile industry. The government reported ... 356 were in the processing industry, including textile, garment, and footwear. ... year for the Indonesian textile industry. Sritex, a Sukoharjo-based textile giant and a ...Business Jan 7, 2025 | 10:40 am
Indonesia’s Textile Industry Faces Layoff Surge, Up to 280,000 Jobs at Risk
... . The Manpower Ministry predicts layoffs in the textile industry could rise sharply, with ... revealed that 60 textile companies are planning layoffs, potentially affecting up ... poses significant risks to Indonesia’s textile industry,” Noel added. Noel believes ...Business Dec 26, 2024 | 9:26 am
Sritex Furloughs 3,000 Employees After Bankruptcy Appeal Rejected
... one of Indonesia’s largest textile companies, has furloughed 3,000 ... more furloughs or even layoffs may follow. Sritex plans ... major player in Indonesia’s textile industry, supplying military uniforms to ... broader impact on the textile sector, which is vital ...Business Dec 21, 2024 | 10:52 am
BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... one of Indonesia’s largest textile companies, faces significant financial ... is seeking to avoid layoffs during this difficult period. ... major player in Indonesia’s textile industry, supplying military uniforms to ... growth of the textile industry in Indonesia.Business Dec 20, 2024 | 9:23 pm
Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling
... mitigate the risk of mass layoffs. “We are committed to maintaining ... operations and avoiding mass layoffs during this challenging period,” Iwan ... to contributing to the national textile industry.” Sritex’s bankruptcy comes at a time ...Business Dec 20, 2024 | 3:52 pm
Textile Industry Warns of Further Layoffs with 12% VAT Hike in 2025
Jakarta. The textile industry is bracing for further ... decline in the textile industry, as evidenced by the layoffs. Almost 180, ... jobs in this labor-intensive industry. He stressed that the ... hike could further jeopardize the industry’s survival in the coming ...Business Dec 6, 2024 | 8:36 pm
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