As part of its survival strategy, Philippine Airlines (PAL) will slash 30 percent of its workforce, laying off a total of 2,300 employees, including both voluntary separations and involuntary retrenchment, effective next month, March 16. PAL has announced the retrenchment program to employees as...
The Department of Budget and Management (DBM) assured that there are sufficient government programs and financial assistance for displaced workers due to the pandemic. In a statement, Budget Secretary Wendel E. Avisado said the DBM has already released and allocated the budget for the different...
The number of jobless Filipinos dropped in October as businesses resumed their operations amid easing movement restrictions, the Philippine Statistics Authority (PSA) announced today. The country’s unemployment rate in October this year was estimated at 8.7 percent, equivalent to 3.8 million...
To benefit laid off auto workers A group of automotive workers has asked the government to reallocate a portion of the multi-billion worth of tax perks granted to participants in the tax incentive-driven Comprehensive Automotive Resurgence Strategy (CARS) Program as part of social amelioration...
(Manila Bulletin File Photo) Philippine Airlines (PAL) is laying off 35 percent or 2,700 workers out of its total 7,800 workforce, as it rebuilds both its domestic and international network amidst the global pandemic. In a statement, the flag carrier currently operates less than 15 per cent of its...
State-run Government Service Insurance System (GSIS) announced the reopening of its COVID-19 Emergency Loan program to members and pensioners. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the COVID-19 Emergency Loan program is accepting applications beginning...
