Annex 9H
ESTABLISHMENTS RESORTING TO RETRENCHMENT DUE TO ECONOMIC REASONS
1ST QUARTER: 2000-2001
NO. ESTABLISHMENT NUMBER OF WORKERS INDUSTRY REASON
RETRENCHED CLASSIFICATION
FIRST QUARTER 2001
1 United Laboratories Inc., Zamboanga City 5 Manufacturing- Pharma. Redundancy
2 Sirawai Plywood & Lumber Plywood Corporation 7 Manufacturing- Plywood Lack of Market Demand/
Zamboanga City Peso Devaluation
3 M & S Company, Ayala, Zamboanga City 1 Manufacturing- Plywood Lack of Market Demand/
Peso Devaluation
M & S Company, Ayala, Zamboanga City 61 Manufacturing- Plywood Lack of Market Demand/
Peso Devaluation
M & S Company, Ayala, Zamboanga City 18 Manufacturing- Plywood Shifting
M & S Company, Ayala, Zamboanga City 4 Manufacturing- Plywood Temporary
Lack of Market Demand/
Peso Devaluation
4 Sunrise PlywoodCompany, Talon-Talon, Zambo. City 10 Manufacturing- Plywood Temporary
Lack of Market Demand/
5 Alson Wood Industries Corporation 8 Manufacturing Lack of Raw Materials
Talon-Talon, Zamboanga City High Cost of Production
6 Tropical Meat Haus, Zamboanga City 6 Wholesale and Retail Lack of Market Demand/
Peso Devaluation
7 Mabetrix Trading, Inc. Zamboang City 1 Wholesale and Retail Downsizing
8 Security Bank Corporation Zambo. Branch 2 Banking Redundancy
Veterans Avenue, Zamboanga City
9 Ayala Life Assurance Incorporated 2 Insurance Redundancy
Branch: Zamboanga City and Pagadian City
10 Everlast Construction, T. Claudio St., ZC 75 Construction Project complete
11 Sun Cable System Zamboanga Inc., ZC 10 Communication Change of Management/
Downsizing
12 Philippine Wireless, Inc., Zamboanga Branch 2 Telecommunication Lack of Market Demand/
Zamboanga City Downsizing
13 May Cinema, Dipolog City 4 Services Lack of Market
14 Westzam Trucking Sevices 36 Services Downsizing
Zamboanga City
15 Leaders Press, Zamboanga City 7 Press Stop operation
16 Basilan Lines Incorporated 4 Transportation High Cost of Production
Zamboanga City Peso Devaluation
TOTAL 263
FIRST QUARTER 2000
1. Philippine Long Distance Telephone Co. 19 Communication Restructuring of Company
Zamboanga Ozamis Exchange Traffic Operation
2. Bank of Philippine Island Zamboanga Main 2 Banking Redundancy
Zamboanga City
3. Bank of Philippine Island Pagadian Branch 1 Banking Redundancy
Pagadian City
4. Sunrise Plywood Corporation 10 Manufacturing- Plywood Lack of Market
Talon-Talon, Zamboanga City High Cost of Production
5. BPI Family Bank 2 Banking Redundancy
Zamboanga City
TOTAL 34
Source of Basic Data: Department of Labor and Employment, Region IX