Textile industry faces layoff storm amid ailing exports

Tens of thousands of Indonesian textile workers are on the chopping block as the industry faces a steep drop in exports while imported clothing eats away at its domestic market share. As of October, at least 64,000 workers from 124 textile firms in West Java had been laid off, with almost 10,000 of them losing their jobs after the closure of 18 companies in the region, the West Java Textile Entrepreneur Association (PPTPJB) reported. Suppliers for some of world’s most prominent apparel brands, such as Nike and Victoria’s Secret, were affected.

Source: https://www.thejakartapost.com/business/2022/11/06/textile-industry-faces-layoff-storm-amid-ailing-exports.html