Giant Sritex bankrupt, 20,000 workers at risk of layoffs & no severance pay

Giant Sritex bankrupt, 20,000 workers at risk of layoffs & no severance pay

Jakarta, CNBC Indonesia – The fate of around 20,000 workers in Sritex group factories now hangs in the balance. The reason is, they are at risk of losing their jobs, aka being laid off and they may not receive severance pay. As is known, the Semarang Niaga District Court (PN) declared the textile company PT … Read more