ABS-CBN Corp. Announces Retrenchment Amid Ongoing Financial Struggles
ABS-CBN Lays off 100 Employees Amid Franchise Loss ABS-CBN – One of the Philippines’ largest media networks ABS-CBN Corp. has announced another round of retrenchments as it faces ongoing financial struggles, driven by declining ad revenues and continued losses. The Lopez family-led ABS-CBN Corp. has implemented another round of layoffs amid continuing financial challenges. The … Read more
