
KFC Opens Up About Business Conditions: Covid, Boycotts, and Declining Purchasing Power
KFC Indonesia’s operator, PT Fast Food Indonesia Tbk (FAST), has closed 19 outlets and laid off around 400 employees in 2025 amid ongoing financial struggles. The company cites COVID-19 impacts, boycotts, and weak purchasing power as main challenges but plans to continue expanding despite five consecutive years of losses.
