ABS-CBN’s board is standing firm. Despite losing its franchise, leaders say the company can bounce back and stay relevant as a content powerhouse. What this means moving forward 👇 #ABSCBN #MediaPH
https://astig.ph/abs-cbn-board-statement-support-recovery-plan-2026/
ABS-CBN board backs recovery plan, reaffirms role as key media institution
MANILA, Philippines (Apr. 2026) — Even without its broadcast franchise, ABS-CBN continues to have the full backing of its leadership, with its board expressing confidence in the company’s ability t…
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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