Unemployment Opportunities

Some Danareksa executives and staff were asked to resign. Is this due to this year's continuing slump, bringing in only Rp5 billion profit this year?

October 16, 2001

Anxiety is gripping some executives and staff of Danareksa, including important people like the executive director, the research chief and senior brokers. Indonesia's first securities company will no longer be employing them. The board of directors has decided to downsize its staff. Employees who have worked for at least 15 years and are 46 years old and over, were recently offered an early retirement program. Another group was asked to voluntaril...

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