Independent journal on economy and transport policy
01:43 GMT+2
400 workers' jobs on the line
(Cebu Daily News)
March 12, 2009
By Cris Evert B. Lato, Reporter Cebu Daily News
About 400 workers of a ship repair company in Lapu-Lapu City are in danger of losing their jobs as the management decides to focus resources on shipbuilding.
Keppel Cebu Shipyard Inc. president David Loh said in a memorandum to the workers that the company has to reduce its workforce due to continuing market decline ...... Read more on Cebu Daily News
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