Jakarta, CNBC Indonesia – Ruangguru CEO and co-founder Adamas Belva Syah Devara apologized and admitted that he failed to predict and anticipate the rapidly developing economic situation.
This was communicated after announcing the (PHK) layoffs of hundreds of employees.
“Yesterday we announced the most difficult decision we had to make. With a heavy heart, Ruangguru had to part ways with hundreds of his top team members through termination of employment,” he said in an upload to his official Instagram account, quoted Saturday (19/11/2022).
“We apologize for our inability to predict and anticipate the rapidly developing economic situation,” continued Belva Devara.
He also explained at length the reasons for efficiency which led to the reduction in staff.
Not only that, he also asked employees who are still with Ruangguru to remain optimistic.
Belva Devara also revealed the business plan for this educational tech startup.
“We remain very optimistic about the prospects and unique position Ruangguru has in Indonesia’s education technology sector,” he said.
He said Ruangguru is still the largest online learning platform.
“And continue to implement various post-pandemic innovations, such as focusing on hybrid learning and opening more than 100 learning centers in Indonesia. We are confident that by continuing to work effectively and efficiently, we will emerge from this global economic challenge stronger and more resilient than before,” he said.
severance pay
In the upload signed with the names Belva and Iman, Belva Devara revealed that employees affected by layoffs will receive severance pay, long-service bonuses and compensation for statutory rights (UU).
“Extension of insurance and last month’s salary paid in full. We have also assigned a special Ruangguru recruiting team to provide job search support, psychological counseling and access to professional development courses if needed,” he said.
“We understand that there are many feelings of anger, sadness and disappointment about this and about us personally, and for that we accept and apologize,” he concluded.
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