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ABS-CBN lays off 100 more as ad revenues continue drop

a month ago Philippines inquirer

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MANILA, Philippines — The Lopez family-led ABS-CBN Corp., which has yet to erase its balance sheet losses, has retrenched another batch of employees amid financial struggles due to declining ad revenues. In a statement on Wednesday, the media group said it “made the difficult decision” of laying off around 100 employees, or about 3 percent Read more at: inquirer

Tags : 100聽more聽as聽ad revenues continue

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