"Nike and Adidas Shoe Factories in Tangerang Lay Off 3,500 Employees", 6 March 2025

The Head of the Banten Province Manpower and Transmigration Office, Septo Kanaldi, stated that two companies in Tangerang Regency will be laying off employees in early 2025. The two companies carrying out mass layoffs are PT Adis Dimension Footwear and PT Victory Ching Luh.

PT Adis Dimension Footwear is known to manufacture sports shoes for the well-known Nike brand, and PT Victory Ching Luh manufactures shoes for the Adidas and Reebok brands...

Septo stated that a total of 3,500 employees were laid off at the two companies. Specifically, PT Adis Dimension Footwear had 1,500 employees and PT Victory Ching Luh had 2,000 employees.

Septo revealed that the layoffs had actually been carried out by the two companies from November 2024 to January 2025.

"We are currently in the process of paying employees their dues, and it's still ongoing," he said...

...demand for the two companies' products decreased, causing the companies to reduce production volumes, which resulted in employee reductions.

"...orders from brand holders have decreased, which is why they are laying off employees," he said...

[Translation via Google Translate]