IPTN won't sack employees: Habibie<\/p>\n
JAKARTA (JP): President of state-owned aircraft manufacturer
\nPT Industri Pesawat Terbang Nusantara (IPTN) B.J. Habibie has
\nassured that no employees will lose their jobs in the company's
\nrestructuring process.<\/p>\n
\"We will not dismiss any of our employees. The restructuring
\naims at improving our staff's performance and products'
\ncompetitiveness in the future,\" Habibie said in Bandung over the
\nweekend.<\/p>\n
Habibie explained the planned restructuring to some 1,500
\nsenior IPTN employees. The meeting was closed to journalists,
\nwhile security officers were seen staying on guard outside the
\ncompany's complex, Antara reported.<\/p>\n
Giri Suseno, a top executive of the Strategic Industries
\nSupervisory Agency, said earlier this year that IPTN suffered a
\nloss of Rp 185.55 billion (US$77.2 million) in 1995.<\/p>\n
IPTN, established in 1976, now employs 16,565 staff: 2,220
\nhold bachelor's degrees in engineering and 50 are doctoral
\ngraduates. About 1,000 of them are due to return from overseas
\nstudies.<\/p>\n
The company, together with a management consultant from the
\nU.S., A.T. Kearney, is now working on the company's structural
\nreorganization, which is expected to bring the company into its
\ncore business: designing and producing airplanes.<\/p>\n
IPTN's general manager, Hari Laksono, said last week the
\ncompany's number of directorates would be cut from five to three.<\/p>\n
\"The reorganization of the five directorates will result in
\nthe transfer of about 4,000 employees to IPTN subsidiaries,\" he
\nsaid.<\/p>\n
At present, IPTN has several subsidiaries, including PT IPTN
\nNorth America, an aircraft assembler in Alabama, U.S.; PT Batam
\nAircraft Maintenance in Batam, Riau; PT IPTN Europe ASL and
\nIPTN's marketing arm in Lemwerder, Germany.<\/p>\n
The company also has a 51 percent stake in PT Nusantara System
\nInternational, a software and system company, a 10 percent stake
\nin PT General Electric Indonesia and 40 percent in PT General
\nElectric Nusantara Turbine Services. (imn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/iptn-wont-sack-employees-habibie-1447893297",
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