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More than 1,000 people have been laid off in Cirebon since
the Oct. 1 fuel price increases, as local companies struggle to
maintain production amid higher prices.
The majority of the dismissed workers came from the regency's rattan
industry, said Adjat Sudradjat, the head of state insurance company PT
Jamsostek's Cirebon operations.
Since Nov. 1, three rattan companies have reported to the insurance
company that they have gone bankrupt.
The businesses were unable to bear rising production costs after the
fuel price increases, said Adjat.
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