The former broadcast giant is letting go of 3% of its roughly 3,300 workforce, after retrenching over 5,000 in 2020 following the loss of its legislative franchise. #Philippines #MediaPH

#ABSCBN to lay off 100 as #AdRevenues continue to drop industry-wide
https://www.rappler.com/business/abs-cbn-layoffs-ad-revenues-drop-industry-wide-2024/

ABS-CBN to lay off 100 as ad revenues continue to drop industry-wide

(1st UPDATE) The former broadcast giant is letting go of 3% of its roughly 3,300 workforce, after retrenching over 5,000 in 2020 following the loss of its legislative franchise

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