Sy may indeed be a hardworking man. But so are his conglomerate’s employees. With Sy’s determined use of neoliberal policies such as contractualization, the fruits of tens of thousands of his employees’ hard work go largely to his companies’ profits. Here lies the unheralded side of his Forbes-topping net worth, the secret to his centavo to billion peso taipan tale and why labor groups are raising their placards to hail the Endo King.
Tags: henry sy
First Person | Kuwentong #SM
Patay na ang Contractual King pero patuloy ang legasiya ng sistemang kontraktwal sa loob ng SM. 99% ng kanilang mga manggagawa ay contractual kaya mas dapat i-expose ang kabulukan ng sistemang ito.
‘Endo’ kings not in DOLE list are Duterte’s friends
What could possibly explain the exclusion of these giant conglomerates – two of the biggest not only in the Philippines but also in the Asian region? By ARNOLD PADILLA Bulatlat.com MANILA — The Department of Labor and Employment (DOLE) has recently released a list of 20 firms that it said are engaged or suspected to…
By DEE AYROSO
Sectors unite in nationwide protest vs. SM, contractualization
Various groups lambasted the mall conglomerate for exploitation of workers.
Cavite fisherfolk defend shelter, livelihood from corporate land grab
Small fishermen in Patungan, Maragondon, Cavite are being driven away by real estate developers to give way to a high-end resort and other commercial establishments.
Fisherfolk, farmers in Cavite town ask Duterte to stop looming demolition
“We were happy then. We had food on the table. We were earning modestly and can send our children to school. We lived without fear and anxiety.”
China Savings Bank takes over Planters Bank, starts layoffs, union busting
“It is apparent that Chinabank and Planters Development Bank intend to ease out regular employees as certain bank functions in Chinabank Savings are already outsourced or being handled by contractual employees.”
Orthopedic Center employees, patients hold sit down strike
“We also need to live, we are also human.” – Jay-R, wheelchair-bound patient
SM’s tree cutting draws ire from Baguio residents
The expansion of the giant mall is detrimental not just to the environment but to local businesses as well.
After SM Baguio cut trees, advocates to appeal CA ruling
Environmental advocates vowed to continue their legal battle and protest actions against SM’s cutting of trees.