The Aboitiz Group says 'several' employees will be laid off by July 31.
Aboitiz did not specify the number of workers, but said"several team members" will be ending their services on July 31.
"This was not an easy decision for the Aboitiz Group to make but one that had to be done as it has not been spared by the health and economic crisis," said Aboitiz Equity Ventures, the holding company of the Aboitiz Group.
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