Senators slam TV5 for not paying employees

MANILA, Philippines - Sen. JV Ejercito and Sen. Alan Peter Cayetano raised concerns yesterday over the failure of the government to fully compensate some employees of the defunct ABC-5 television (now TV5).

Cayetano and Ejercito questioned the officials of the Presidential Communications Operations Office (PCOO) under Secretary Martin Andanar, who was defending their P1.312-billion budget for next year before the Senate.

Speaking through finance committee chairman Sen. Risa Hontiveros, TV5 executives explained that there were 713 TV5 employees were served notices of retrenchment through the Department of Labor and Employment (DOLE) on Oct. 1.

“It is basically a retrenchment due to the continued financial losses incurred,” Hontiveros explained.

According to Hontiveros, PTV-4, RPN-9 and IBC-13 are not making money compared to another government television station.

Hontiveros, however, explained that out of the 713 TV5 employees, about half have accepted termination benefits. “They were informed. It was a very difficult decision to make, but given the financial condition of TV5, there was really no choice but to undertake a retrenchment program,” Hontiveros said.

Comments

Post a Comment

Popular posts from this blog

93.9 iFM Holy Week 2025 Advisory Off-Air Announcement [APRIL-2025]

Image
Mga Idol at Kasama sa paggunita ng Semana Santa ngayong 2025 Off-Air ang 93.9 iFM simula Good Friday, April 18, 2025 non-stop ang ating livestream audio sa www.rmn.ph/ifm939manila nasa Facebook, YouTube, Tiktok at Spotify din ang mga paborito mong DJs at programa ng 93.9 iFM mag-online na mga Idol at Kasama kasabay ng iyong pagninilay muli tayong magka-rinigan sa Sabado de Gloria, April 19, 2025. 
Read more

TV5 to cut 700 jobs, may stop airing TV5 Sports programming 'ESPN5'

Image
MANILA, Philippines – Financial losses of TV network Associated Broadcasting Company (now TV5 Network, Inc.) (TV5) will result in the retrenchment of 700 employees and uncertainties over its TV5's sports programming "ESPN5" one of the country's pioneer sports and news channel programs. In press briefing on Tuesday, October 2, 2018, Presidential Communications Operations Office Secretary Martin Andanar said his office will monitor the network's compliance to the Labor Code provisions in terminating the services of workers.  "The PCOO continues to supervise the operations and management of TV5 and, as we have declared in all of our appearances and statements before both House of Congress, government is committed to protect the rights of the employees of TV5", Andanar said.  The government, however, only has a minority 20.8% stake in following a previous court ruling, Andanar said. 'TV5 sports and news channel' and job losses  Some employees of TV5 ...
Read more