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🇮🇩 Indonesia /Elections & Politics

Manpower Minister Responds to Potential Layoffs Amid Rupiah Weakness

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Ongoing story
  • Indonesia's Minister of Manpower, Yassierli, addressed potential layoffs amid a weakening rupiah.
  • The government is coordinating with the Coordinating Minister for Economic Affairs to find solutions and prevent job losses.
  • A task force for layoffs is being prepared, and the ministry is awaiting reports on specific cases, such as the recent 350 layoffs at PT Xacti Indonesia.

Indonesia's Minister of Manpower, Yassierli, has acknowledged the potential for layoffs across various sectors due to the weakening Indonesian rupiah against the US dollar. The rupiah saw a slight decline, trading at Rp 17,749 per dollar on Tuesday morning.

We are continuously in coordination with the Coordinating Minister for Economic Affairs. So, if you look, many steps have been taken.

· YassierliThe Minister of Manpower discussed government efforts to address potential layoffs.

Minister Yassierli stated that the government is actively coordinating with the Coordinating Minister for Economic Affairs, Airlangga Hartarto, to implement measures aimed at preventing job losses. "We are continuously in coordination with the Coordinating Minister for Economic Affairs. So, if you look, many steps have been taken," Yassierli said during a press conference in Jakarta. He cited an example where a shortage of gas led to solutions like tax relaxations.

So we are cross-ministry, we are one team. We continue to monitor.

· YassierliThe Minister emphasized the collaborative approach being taken by the government.

The ministry is working across different government bodies as a unified team to monitor the situation and devise the best strategies. Regarding the launch of a specific task force to address layoff issues, Yassierli indicated that they are awaiting the opportune moment for its official unveiling. "The layoff task force, we are waiting for the launch moment. This is still waiting for the launch moment," he stated.

The layoff task force, we are waiting for the launch moment. This is still waiting for the launch moment.

· YassierliThe Minister provided an update on the planned layoff task force.

In addition, the Minister addressed the recent news of PT Xacti Indonesia in Depok, West Java, laying off approximately 350 employees. Yassierli mentioned that he is awaiting a detailed report from the Vice Minister of Manpower, Afriansyah Noor, who is currently investigating the matter. The Konfederasi Serikat Pekerja Indonesia (KSPI) confirmed the layoffs, attributing them primarily to global economic pressures, prolonged conflict, and rising raw material and production costs.

Not yet, that report is still being received by Mr. Vice Minister. I haven't received an update on what the report is like, we'll wait.

· YassierliThe Minister commented on the status of the investigation into the PT Xacti Indonesia layoffs.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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