When my mom lost her job because their company closed, our family suffered much financially. She is the breadwinner of our family since my father died at a very young age. My siblings and I were all studying at that time and we were all in private schools. What happened was, my little brother and sister transferred to a public school when my mom lost her job, while I remained in a private school since I am close to graduating at that time.
I thought that I can’t go on to study in College because I knew it would be hard for us but my mom was wise enough to get me an Educational plan, so I was able to finish my College days.
I am telling you this story because I have heard that almost 300 Employees of the Steel Corporation of the Philippines are at risk of lost their jobs because the Batangas Regional Trial Court Branch-3 have bind to the “liquidation proceedings” of their company.
According to some employees of SCP who went to Batangas City Hall of Justice recently, they are afraid of losing their jobs especially now that Christmas Season is just around the corner just because of the lack of knowledge of RTC Branch 3 Judge Ruben Galvez about the real status of their company.
The court order started after SCP got a loan amounting to P1.3-B from several creditors, one of these is Banco De Oro (BDO) which is owns by business tycoon Henry Sy of Shoemart.
When it became hard for SCP to pay their debt, they had no choice but to accept the corporate rehabilitation which would later lead to the liquidation proceedings which was approved by Judge Galvez.
It all started when it was stated by Atty. Norma Singson De Leon that the company does not operate anymore and that the vicinity is already locked. This was the thing that made Galvez push through with the liquidation order.
But Rodriguez it stating otherwise. He says that the company is “fully-operational” and there was never a time that their company ceased operation.
“Although BDO assured that if the liquidation proceedings is carried out, they will take care of the financial aspect of the affected workers, what assurance can they give that they are talking about the continuous employment of the workers and not talking about the separation pay of the workers?” asked Atty. Herman Nicdao.
The people from SCP are imploring the court to have a second look at their case not only for the fate of the company but for the lives of the 300 employees that are on the verge of losing their jobs.
photo via: blog.gulpfish.com/
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yup. lalo na kapag ikaw ang breadwinner, ang lungkot ng pasko kapag walang pera ang pamilya.. 🙁
It is indeed heartbreaking to lose a job especially for breadwinners during the Christmas season. Life is hard. We just have to keep going no matter what happens.
Cheer up!
This is a very hard situation especially if they’re the breadwinners, especially this season, the Yuletide is fast approaching. I hope this problem will be solved, fairly.
This one is a big oversight if they concluded based on the fact that they thought it was already non-operational. The best thing that they could have done was to come up with a surprise visit to check if there was still operations.
Aw. It is really hard when you have no work to earn specially this coming season. I feel bad when our neighbor has nothing to eat Last Christmas.
Oh wow, this is painful 🙁 Here we are, bickering in the office about Christmas bonuses, and others are going to be hungry this season. Thanks for this post, it’s an eye-opener on gratitude.
It’s so sad that Christmas is near but then, they will lose job in exchange. Sigh…
This story reminds of the Book ” The Death of a Salesman”. This is indeed a difficult scenario that anybody can experience.
I hope everything would turn out well. Losing a job is really difficult, especially if you’re the breadwinner.
I know the feeling – that is really painful. we are 10 in the family and all of us kids are still studying – when a breadwinner lost his job that supports all the things for us to live a good life, its like we have to strive hard in order to survive.
Losing a job whether Christmas season or not is definitely disastrous and scary. I hope the workers at SCP will be able to keep their jobs. Another lesson on the side is people should save up as well so that when they lose their job they have at least something to live by. But of course, how can you save if your salary is just enough to get you and your family through.
Even if its not Christmas its sad to lose a job, its very frustrating
poor people got victimized by the poor management of the steel corporation . there are always some kind of conspiracy and under the table negotiation among the management and the government to cover their mistakes … a lot of graft