lay off

Jakarta –

The world’s largest public accounting firm, Deloitte, will carry out layoffs (layoff) around 1,200 employees or 1.5% of the total workforce in the United States (US).

“Our US businesses continue to experience strong demand. As growth in certain practices slows, we take simple action where necessary,” Deloitte said in a statement to the Financial Times, Saturday (22/4/2023).

A number of financial firms have made layoffs in recent months, including major Wall Street banks, asset managers and even fintechs. The employee cuts were made as a result of the turbulent macroeconomic conditions that reduced business demand.

Deloitte is part of the Big Four accounting firms, including EY, KPMG, and PricewaterhouseCoopers (PwC).

In the aftermath of the COVID-19 pandemic Deloitte made a large hiring spree at a time when the company was growing fast. The number of Deloitte employees in the US will swell from 65,000 in 2021 to 80,000 in 2022.

While parts of the consulting industry are still growing strongly, others are experiencing contraction. In this month’s William Blair & Company investment banking specialty survey, only a third of M&A advisers reported quarter-over-quarter growth.

(aid/hns)

Jakarta –

E-grocery startup Sayurbox announced termination of employment (PHK) ahead of Eid. The difficult decision was taken for reasons of long-term sustainability of the business.

Sayurbox CEO & Co-Founder Amanda Susanti said the company’s performance grew strongly in the Business to Business (B2B) segment, but the Business to Consumers (B2C) segment market did not grow as predicted during the pandemic.

Therefore, Sayurbox merged several B2C warehouses, consolidated instant delivery services into same day delivery to increase operational efficiency, as well as restructuring teams to other sales channels within the organization.

“This has forced Sayurbox to have to let go of several members of the B2C team. This decision was not taken lightly, but is necessary to ensure the company’s long-term sustainability,” said Amanda in a written statement, Friday (14/4/2023).

Apart from Sayurbox, several companies in Indonesia are also laying off employees near the time of Eid. Here’s the list:

1. Kapal Api Subsidiary

The memory is still fresh regarding the subsidiary of Kapal Api, PT Agel Langgeng, which recently went viral because it closed a factory in Pasuruan. A number of employees were laid off as a result of the factory closure.

According to Management, the factory closure was carried out to save the continuation of PT Agel Langgeng’s operations as a whole. It was also conveyed that the factory that was closed only produced ginger candy to meet export needs.

“PT Agel Langgeng’s factory in Pasuruan only produces ginger candy to meet export needs. For other products it remains in Bekasi and is running normally,” said management.

The company admits that it is ready to pay cash severance pay for 150 workers in accordance with applicable laws and regulations. The company asks all parties to respect the existing legal process and not spread untrue news on social media.

2. Puma factory

Puma’s clothing supplier factory, PT Tuntex Garment Indonesia, located in Cikupa, Tangerang, went bankrupt and laid off 1,163 workers. The company officially stopped production on March 31, 2023 because it experienced losses for 3 consecutive years as a result of the impact of the COVID-19 pandemic.

Head of Industrial Relations Disputes and Labor Control Division of the Tangerang Regency Manpower Office, Desyanti, ensures that the company will provide severance pay for workers according to applicable regulations. Including THR.

“For employee rights, all have been given in accordance with statutory provisions, even more. There is additional compensation provided by the company,” he told detikcom, Wednesday (5/4/2023).

Continued on the next page for points 3, 4, and 5. Just click

(aid/hns)

Jakarta –

Startup e-grocery sayurbox returned to layoffs (PHK) ahead of this Eid. This difficult decision had to be taken for the long term sustainability of the business.

Sayurbox CEO & Co-Founder Amanda Susanti said the company’s performance grew strongly in the Business to Business (B2B) segment, but the Business to Consumers (B2C) segment market did not grow as predicted during the pandemic.

Therefore, Sayurbox merged several B2C warehouses, consolidated instant delivery services into same day delivery to increase operational efficiency, as well as restructuring teams to other sales channels within the organization.

“This has forced Sayurbox to have to let go of several members of the B2C team. This decision was not taken lightly, but it is necessary to ensure the company’s long-term sustainability,” said Amanda in a written statement, Friday (14/4/2023).

It is not known exactly how many employees the company has released this time. Previously in December 2022, Sayurbox also laid off 5% of employees.

Amanda said that her party would provide the necessary assistance to parties affected by this decision, including compensation packages in accordance with applicable laws and regulations, as well as providing a number of programs, namely by providing access to job search platforms from companies that have vacancies.

In addition, Sayurbox also provides access to “Sayur Alumni Support”, where affected employees can upload their CVs which will later be given to potential employers such as investors, partners, recruitment agencies and other companies that have job vacancies.

“We understand that this is a challenging time for our team members and their families. We value their contribution and are committed to providing support during this transition,” he said.

“Our goal is to ensure the long-term sustainability of our business so that we can continue to serve market customers, restaurants, supermarkets, export channels and online shopping channels, of course by continuing to support local farmers and producers,” he added.

With this news, it is certain that Sayurbox’s B2B and B2C business and services will continue to operate as usual and will continue to serve loyal customers, both for next day and same day services for the Greater Jakarta and Surabaya areas.

“Sayurbox will continue to build vegetable and fresh product brands in different markets and maintain strong relationships with farmers and partners. Sayurbox believes that this strategic change will position the company to grow and develop better in the future,” he said.

(aid/dna)