CNN Philippines to lay off some employees
Broadcast company CNN Philippines announced it would let go some of its employees starting March 16, in another round of downsizings exposing the COVID-19 pandemic’s heavy toll on the news industry.
The impending layoffs were announced in a memorandum sent out to CNN employees early Thursday and made public initially by Buhay Media, an independent organization maintained by the Talents Association of GMA Network.
The Inquirer saw a copy of the memo, which read in part that “this has been a very difficult decision but one that needs to be done so we can continue to serve our audiences as a trusted source of news and information on free TV and digital.”
The management said it would be having conversations with those affected “over the next few days … to discuss how we can best support them as they move on.” —KRIXIA SUBINGSUBING
