Indonesia’s largest textile manufacturer, Sri Rejeki Isman, or Sritex, has officially shut down operations, leading to 10,965 job losses. The company, once a key supplier for NATO and the German army, had been a cornerstone of Indonesia’s industrial sector for nearly six decades.

Sritex collapse: 10,965 workers laid off in Indonesia

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sritex collapse-10

Sritex collapse: 10,965 workers laid off in Indonesia