Workers are pictured on July 17 at a factory of fabric and garment producer PT Sari Warna Asli in Surakarta, Central Java. - Photo: Antara
JAKARTA: Employers have called on the government to ramp up support for domestic firms to stay afloat and remain competitive, as widespread layoffs reflect investor concerns over an uncertain economic outlook.
At least half of all businesses nationwide have carried out layoffs so far this year, according to a new report from the Indonesian Employers Association (Apindo), which warned that the figure could grow further through the end of 2025.
