Stratrix
On the Record · Pldt

Pldt layoffs, on the record

Every job cut, severance charge and restructuring Pldt reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 15,596 to 14,304.

Headcount, as reported

Annual reportEmployeesAs of
20-F for 202315,596As at December 31, 2023
20-F for 202414,904December 31, 2024
20-F for 202514,304December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe company has been running a manpower rightsizing program (MRP) over several years to cut the cost base of its businesses, with the program's compensation cost reported in the employee compensation note. Over the past several years

    Word for word“Over the past several years, we have been implementing the MRP in line with our continuing efforts to reduce the cost base of our businesses.” 20-F for 2023

  2. Our summaryPLDT ran its Manpower Rightsizing Program (MRP), a multi-year effort to reduce the cost base, with compensation charges recorded under it in each of the three years shown.

    Word for word“Manpower Rightsizing Program (MRP) 1,688 2,021 5,028 Pension benefit costs (Note 25) 1,441 1,426 1,743 Incentive plan (Note 25) 1,136 839 1,272 Total compensation and employee benefits 24,479 24,644 29,256 Over the past several years, we have been implementing the MRP in line with our continuing efforts to reduce the cost base of our businesses.” 20-F for 2024

  3. Our summaryThe company has been running a Manpower Rightsizing Program to gain manpower and cost efficiencies as technology, organization, processes and markets change. Over the past several years

    Word for word“Over the past several years, we have been implementing the MRP in line with our continuing efforts to realize manpower and cost efficiencies as a result of technological and organizational changes process improvements, and shifting market conditions that reshape the future of our businesses.” 20-F for 2025

Pldt has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Pldt’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.