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