Textile factory fires 600 workers
Textile factory fires 600 workers
PURWAKARTA, West Java: A financially troubled nylon factory,
PT Yusung Mayer Textile (Yumatex), has dismissed roughly 600
employees including a number of managers.
It stopped operations last week after it could not afford to
purchase raw materials, whose prices have skyrocketed over the
past few weeks.
Chief of the local manpower office Gumbira confirmed the news
on the mass dismissal at the company which began operations in
1993, Antara reported.
According to Gumbira, the firm failed to follow official
procedures in firing employees, although it had promised to give
severance pay.
"They have not yet acquired a permit (to dismiss the workers)
from our office," said Gumbira. (anr)