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Netizens grow wary as PAL lays off employees

2020 is turning out to be a difficult and exhausting year for big businesses.

2020 is turning out to be a difficult and exhausting year for big businesses.

Massive losses, virus force Lucio Tan to lay off hundreds of PAL workers

Netizens are getting increasingly worried that an economic crisis is coming. This after Philippine Airlines announced it was letting go of 300 workers as part of a restructuring.

Lucio Tan losing P1B per month: Pilot-less PAL estimated to triple red ink to P12B in 2019

The retrenchment is aimed at cutting losses due to flight suspensions as a result of the coronavirus outbreak.

While some were hopeful, some feared other airlines and companies would follow suit.

I hope that they hire them again, when things get better. Please!,” one said.



Prior to this, three foreign firms — Wells Fargo, Nokia and Honda — had already announced plans to shut down Philippine operations, leaving thousands of Filipinos unemployed.

“Una, Wells Fargo, Honda, Nissan, HSBC. Now kasama na PAL sa nadamay,”


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