Who is Iwan Kurniawan Lukminto? Sritex CEO ready to protect employee rights after mass layoffs

Potret Haru Perpisahan Iwan Kurniawan Lukminto dengan Ribuan Karyawan Sritex, Abadikan Kenangan Terindah (Foto: Instagram @ik.lukminto)

Iwan Kurniawan Lukminto is committed to protecting the rights of Sritex employees after mass layoffs.

The Indonesian textile industry has just been shocked by the shocking news of the closure of PT Sri Rejeki Isman Tbk ( Sritex ) after operating for 59 years. This decision was taken because the company was unable to emerge from bankruptcy, resulting in more than 12 thousand employees losing their jobs. Of course, this situation raises great concerns for many people who depend on this company.

In the midst of these difficult conditions, Iwan Kurniawan Lukminto, President Director of Sritex, demonstrated his commitment to ensuring that employee rights are maintained. In his statement, Iwan expressed his gratitude to all employees who have contributed to building Sritex over the years. He emphasized that his party will work with the curator to ensure that the settlement process is fair and smooth.

Iwan does not want employees who have been loyal and have contributed greatly to the company to be neglected after this mass layoff. Ensuring employee rights is one of his main priorities in dealing with this bankruptcy problem. So, how is Iwan Kurniawan Lukminto's career journey as the leader of Sritex? Let's see further.

Iwan Kurniawan Lukminto was born in Surakarta on January 22, 1982. He is a graduate of business administration from Johnson & Wales University in America, and has more than 20 years of experience in the textile industry. Before becoming President Director, Iwan served as Deputy President Director since 2014 and successfully led Sritex to develop into the global market, including supplying products to major countries such as the United States, China, and Germany.

Sritex, under his leadership, is known not only as a textile and garment manufacturer, but also as a major supplier of military uniforms for NATO and various institutions in more than 30 countries. However, serious challenges began to emerge when the company faced financial pressures that led to bankruptcy status in 2025.

The closure of Sritex and the cessation of its operations were not decisions taken lightly. The company has been under financial pressure for the past few years, exacerbated by a number of factors, including declining global demand and the impact of the pandemic on the supply chain. Finally, Sritex was declared bankrupt and was no longer able to carry out its business activities, which directly affected more than 12 thousand employees.

The social impact of Sritex's bankruptcy is enormous, especially for the thousands of families who depend on the company. The government through the Ministry of Manpower ensures that workers' rights will be a priority in the bankruptcy resolution process. Iwan is also committed to continuing to provide encouragement to employees who have contributed to building the company.

Iwan Kurniawan Lukminto expressed his gratitude to the employees who have dedicated themselves to building Sritex for more than five decades. He emphasized that his party will try its best to ensure that workers' rights are still obtained in accordance with applicable laws. Iwan also ensured that Sritex management will work together with the curator team in the process of settling the company's assets so that employee rights can be fulfilled fairly.

Iwan also encouraged the affected workers to remain optimistic in facing the future. He said that many Sritex employees have high skills in the textile and garment sector, which could be capital for them to seek new job opportunities.

The government, through the Head of the Sukoharjo Industry and Manpower Agency (Disperinaker), Sumarno, has ensured that workers affected by the mass layoffs at Sritex will receive their rights according to legal provisions. Employees who resign due to layoffs will have their severance pay taken care of by the curator, including old age security which is the responsibility of BPJS.

The workers are also facilitated by the company so that they do not need to come directly to the BPJS office, but officers will visit the Sritex factory to speed up the administrative process. Various labor organizations also monitor this process and demand that workers' rights be prioritized in the distribution of company assets.

1. Why did Sritex go bankrupt? Sritex faced financial pressure due to tight competition, declining global demand, and the impact of the pandemic on the supply chain.

2. How many employees were affected by the layoffs? More than 12 thousand employees lost their jobs due to Sritex's bankruptcy.

3. What about employee rights after mass layoffs? The government and BPJS Ketenagakerjaan ensure that employee rights, including severance pay and social security, are still fulfilled.

4. What steps did Iwan Kurniawan Lukminto take? Iwan is committed to protecting employee rights, working with the curator, and encouraging affected workers.

(brl/red)