Groups Defend Jobs Philippines, Anakbayan NCR, Sining Bugkos and Bagong Alyansang Makabayan (BAYAN) NCR and its chapters protested outside the ABS-CBN Sgt. Esguerra gate on August 31, the start of the retrenchment of many of the network’s workers after Congress rejected ABS-CBN’s franchise bid on July 10. The network was forced off the air on May 5, following the cease and desist order from the National Telecommunications Communication.
“With the non-renewal of its congressional franchise, ABS-CBN is now forced to cease the operations of some of its businesses and implement a retrenchment program covering ABS-CBN and its subsidiaries effective end of business day on 31 August 2020,” the media giant said in a statement on July 15.
The network had 11,071 workers. It did not state how many workers will be retrenched. Those retrenched would be given separation pay and retirement benefits.
