REPUBLIKA.CO.ID, JAKARTA --- President of Confederation of Indonesian Trade Unions (KSPI), Said Iqbal, conveyed that thousands of Indonesian workers were affected by Indonesian economic slowdown. The current economic condition caused termination of employment (layoff) by industrial companies.
"100 thousand workers on layoffs and thousands more are threatened by layoffs," he told ROL, Tuesday (1/8).
Said explained that thousands workers who were threatened with termination and layoffs came from three categories. First, the company was closed. Second, the company was not closed but reducing number of employee. The last, the company that has potential layoffs.
"The weakening of rupiah gives pressure to industrial companies. Local content is still around 40 percent and the rest is imported raw materials that was bought with dollars,” he added.
Currently, the world market was sluggish, so that exported goods were rarely bought. The impact will be on the threat of workers layoffs.
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