SunStar
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March 13, 2021
THE Department of Labor and Employment (DOLE) - National Capital Region (NCR) said it oversaw the issuance of separation pay amounting to P2.3 billion to nearly 1,500 employees retrenched by Philippine Airlines (PAL).
A total of 1,455 retrenched workers of the flag carrier Philippine Airlines (PAL) received their separation pay worth P2,315,477,240.00, DOLE-NCR said in a statement.
The affected workers were either voluntarily and involuntarily separated from the company.
The DOLE-NCR also noted that the original retrenchment plan announced in February involved 2,300 employees.
However, PAL management decided to retain 845 workers. (HDT / SunStar Philippines) ....