US-based shipping giant United Parcel Service said it is on track to open a new air hub in the Philippines in the latter part of the year, a notable investment as the company unveiled another round of mass layoffs.
Accenture, one of the world’s largest IT outsourcing firms, is pressing ahead with sweeping layoffs under a global restructuring program, with job cuts this year reaching nearly 22,000.
The Philippines’ brightest minds have shaped global tech and finance, but regulators warn that homegrown talent needs a stronger base to thrive locally.
The Securities and Exchange Commission (SEC) is sounding the alarm on a rising number of job offer scams, targeting jobseekers through messaging platforms like Viber, Messenger, and Telegram.
American consumer goods giant Procter & Gamble announced plans to eliminate up to 7,000 non-manufacturing jobs, about 15 percent of its office workforce, over the next two years as it accelerates a major cost-cutting plan.
Conduent, a global leader in business process services, has opened its first-ever facility in Southern Luzon, marking a strategic expansion beyond Metro Manila as it sets its sights on high-value job creation in the region.