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Employment News

250 Legend Hotel Employees Afraid Might Lose Jobs

Date Posted: Jun 2, 2009
Due to financial distress and over Php 900 million liabilities of Legenda Hotel, 250 of its employees face the risk of losing their jobs.

This was after the Subic Bay Metropolitan Authority (SBMA) take control of the Legenda Hotel because of alleged rental debts of the latter to the SBMA amounting to Php 900 million. Aside from debts, the hotel claimed that they are facing tremendous financial distress over the years.

These 250 employees will be added to the thousand of workers who had suffered from forced lay-offs. Legenda Hotel is operated and owned by Legenda International Resorts Ltd.

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