Manila, Philippines (Mindanao Examiner / 25 Sept) – Labor union of the country’s largest telephone company, PLDT, assailed the continued termination of employees despite a huge profit the past three years.
The Manggagawa sa Komunikasyon ng Pilipinas (MKP) said PLDT has been raking profits, but despite this it had terminated hundreds of workers the past months, yet executives enjoyed hefty bonuses and other fringe benefits.
It said the company has recently terminated 575 employees, but PLDT said those who were laid off had been paid more than in accordance with labor laws.
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