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SC rules Coca-Cola layoffs valid under restructuring plan - BusinessWorld Online

Summary by bworldonline.com
THE Supreme Court (SC) upheld the legality of a restructuring program implemented by Coca-Cola Europacific Aboitiz Philippines, Inc., reversing a Court of Appeals ruling that found hundreds of employee dismissals illegal. In a 42-page decision penned by Associate Justice Maria Filomena D. Singh, the SC Third Division ruled that the company validly abolished sales routes as part of efforts to address declining operating income. The restructuring …

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bworldonline.com broke the news on Sunday, May 17, 2026.
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