Textile sector faces layoff storm as exports weaken – Financial system

Vincent Fabian Thomas (The Jakarta Submit)

High excellent

Jakarta ●
Monday, November 7, 2022

Tens of 1000’s of Indonesian textile personnel are on a chopping block as the sector faces a sharp drop in exports when imported attire is taking in into its domestic industry share.

According to the West Java Textile Business people Affiliation (PPTPJB), as of Oct, at the very least 64,000 staff at 124 textile businesses in West Java have been laid off, with virtually 10,000 of them dropping their employment following the closure of 18 firms in the region.

Suppliers to entire world-renowned attire models these kinds of as Nike and Victoria’s Top secret have been influenced.

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