July 15, 2020 / 11:41 PM / a month ago

BRIEF-ABS-CBN To Cease Operations Of Some Businesses And Layoff Workers From Aug 31

July 16 (Reuters) - ABS CBN Corp:

* FORCED TO CEASE OPERATIONS OF SOME OF ITS BUSINESSES AND IMPLEMENT A RETRENCHMENT PROGRAM COVERING ABSCBN AND SUBSIDIARIES FROM AUG 31

* TO CEASE OPERATIONS OF SOME OF BUSINESSES AND LAYOFF WORKERS DUE TO NON-RENEWAL OF CONGRESSIONAL FRANCHISE Source: reut.rs/3j8Yx8s Further company coverage:

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