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Two officials of the Philippine Chamber of Commerce and Industry (PCCI) have filed a Temporary Restraining Order (TRO) and/or Writ of Preliminary Injunction against the PCCI Commission on Elections (COMELEC) and key chamber officers for alleged irregularities in the conduct of the 2021 election of d ....
Published April 11, 2021, 8:30 AM During hard times, like this prolonged pandemic, when businesses are literally squeezed from all fronts, downsizing is one alternative to ensure survival. Management has to make very hard decisions for their human capital, shareholders, clients, and corporate survival. And in any downsizing, the number one casualty is people. Already, thousands if not millions of workers were laid off and still many are getting retrenched in this continuing pandemic. The goal of downsizing is to save on payroll cost. It is an emotionally charged process. Atty. Ranulfo P. Payos, the country’s professional human resources management expert in his presentation during the webinar on “Labor Market: Downsizing for the Right Reasons” for the German Chamber of Commerce and Industry, stressed that downsizing is allowed by law, but it is not simple. ....
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