Indonesia's Layoff Storm: Several Startups Still Hiring

Cindy Mutia Annur 31/05/2023 19:55 WIB

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According to a report released by Revou, a quick-commerce startup specializing in e-groceries, Astro is the local startup with the highest employee growth from May 2022 to May 2023.

Employee Growth Rate of the Largest Startups in Indonesia (May 2022 - May 2023)

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Employee Growth Rate of the Largest Startups in Indonesia (May 2022 - May 2023)

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The wave of layoffs (PHK) has continuously hit Indonesian startups over the past year. Conversely, several local startups are reportedly actively increasing their workforce.

According to a report released by Revou, the quick-commerce e-grocery startup Astro, is the local startup with the highest employee growth from May 2022 to May 2023.

"Astro has experienced positive employee growth over the past 1 year and 6 months, increasing by 69.2% (332 people) over the past year," Revou stated in its report, as quoted on Tuesday (23/5/2023).

According to Revou's LinkedIn Post data, Astro is actively recruiting for several positions such as social media strategist, growth strategy analyst, stock count officer, agency partnership specialist, campaign analyst, graphic designer, and others.

Next, eFishery is ranked second with the highest employee growth in the last year, increasing by 58.5% or 571 employees. Recently, this Indonesian agritech startup achieved unicorn status after securing US$108 million (Rp1.61 trillion) in Series D funding.

Following are Tiket.com, Kredivo, and Amartha with employee growth of 21.8%, 20.3%, and 20% respectively over the past year.

Here are 12 Indonesian startups with the highest employee growth over the past year (May 2022 - May 2023):

1. Astro: 69.2%
2. eFishery: 58.5%
3. Tiket.com: 21.8%
4. Kredivo: 20.3%
5. Amartha: 20%
6. Blibli: 17.1%
7. Moladin: 15.1%
8. DANA: 15.1%
9. Kopi Kenangan: 13.9%
10. Mekari: 10.7%
11. J&T: 10.2%
12. Gojek: 1.5%

Data compiled from LinkedIn Premium Insights for each company from May 2022 to May 2023. The last data was collected on May 17, 2023.

Companies were selected based on research from "Most Funded" and "Recently Funded" articles on Tech in Asia and Daily Social, and according to RevoU's internal filtering system.

According to Revou, companies on the list must have experienced a minimum of 10% employee growth or an addition of 100 employees.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."