KFC’s Struggles in Indonesia: Losses, Outlet Closures, and Layoffs
Finance Article
KFC Indonesia has faced challenging times as the fast-food chain reported significant losses and was forced to take drastic measures to stabilize its business. With losses reaching IDR 557 billion, KFC has closed 47 outlets and laid off 2,274 employees across the country. Factors Contributing to Losses Several key challenges have contributed to KFC’s recent