ABS-CBN loses more workers and Jodi Sta Maria has this reaction.
Kapamilya actress Jodi Sta Maria has this short but meaningful reaction as ABS-CBN decided to let go another batch of workers.
ABS-CBN Corporation is still reeling from franchise loss under the Duterte administration but the recent move to retrench more workers has nothing to do with this. Recently, ABS-CBN announced that they will be letting go of 100 workers.
Based on a previous article, ABS-CBN laid off another batch of workers due to the factors that have been generally plaguing the mainstream media. The Lopez-led company is struggling with financial losses from declining ad revenues.
These 100 workers are about 3 percent of its workforce. ABS-CBN added, “We are committed to providing those affected with full benefits and support, and are deeply grateful for their many years of service to the company and to the public.”
The decision was difficult as it affected the entire corporation but that was what was needed to do in order to keep the business running.
To recall, when ABS-CBN lost its franchise after losing in their bid for renewal, they had laid off 4,552 staffers from around 11,000 wherein 2,674 of the retrenched were regulars.
One of the company’s stars, Jodi Sta Maria, reacted to this through a post on X and her caption said, “Heartbreaking.”
A lot of people shared the same sentiments as the actress. Many were saddened as because of some politically fed agenda, thousands of lives were affected.
After losing its franchise, ABS-CBN became a leading content provider and has marked significant progress such as BINI and “Rewind” to name a few of their biggest accomplishments, so far. Despite this, the company continued to bleed financially.
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