Nationwide, the company said it has about 1,250 FTE employees, which would push the total layoffs to a maximum of 112 people.

KFC Indonesia reported a net loss of IDR557.08 billion (over US$36 million) as of the third quarter of this year, resulting ...

KFC Indonesia reported a net loss of 557.08 billion IDR (over US$36 million) as of the third quarter of this year, resulting ...

The US fast food chain’s local operator also laid off more staff as its loss more than tripled in the third quarter.

KFC attributed the steep losses to a mass boycott driven by public sentiment surrounding the Israeli-Palestinian conflict.

KFC Indonesia, owned by Gelael and Salim Group under PT Fast Food Indonesia Tbk (FAST), reported a net loss of 557.08 billion ...