PLDT Inc. Announces Executive Separation Amid Manpower Reduction

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PLDT ( (PHI) ) just unveiled an update.

PLDT Inc. announced the separation of Vice President Armando Dodjie T. Lim as part of its Manpower Reduction Program, effective December 16, 2024. This change is not expected to significantly impact the company’s operations, financial position, or future results, indicating a strategic decision to optimize workforce while maintaining operational stability.

More about PLDT

PLDT Inc. is a telecommunications and digital services company based in the Philippines. It provides a wide range of services, including fixed-line, wireless, and broadband internet, catering primarily to the domestic market.

YTD Price Performance: -1.43%

Average Trading Volume: 52,144

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.78B

See more insights into PHI stock on TipRanks’ Stock Analysis page.

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