ABS-CBN to retrench about 200 workers amid weak ad demand

ABS-CBN to retrench about 200 workers amid weak ad demand

ABS-CBN CORP. will retrench about 200 employees, or 7% of its workforce, as the listed media company continues cost-reduction efforts amid what it described as weaker advertising and consumer spending. “After careful review, we have made the difficult decision to implement a retrenchment program to keep ABS-CBN on strong financial footing,” the company said in […]

Source: BusinessWorld
https://bworldonline.com/corporate/2026/09/16/777539/abs-cbn-to-retrench-about-200-workers-amid-weak-ad-demand/