LRT defers retrenchment, to retire 65 workers

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    Light Rail Manila Corp. (LRMC), operator of Light Rail Transit line 1 yesterday said it will defer the retrenchment of over 100 employees by next month and instead will implement a retirement program for employees aged 56 years old and above.

    These comprise 5 percent of LRT-1’s workforce, or about 65 employees.

    The retirement will be voluntary for those aged 56 years old but mandatory for those 60 years old and above, taking into account they belong to the immune compromised group.

    “While the factual basis behind the redundancy program remains legally valid, LRMC is putting it on hold for now to allow the company to recalibrate strategies and continue supporting team members and government partners as long as it can,” LRMC said.

    The company changed its decision after Department of Transportation pledged to support LRMC and find equitable solutions to support its employees.

    LRMC announced on Tuesday it will lay off over 100 or close to 20 percent of its workforce, including tellers, and supervisors due to a 90-percent decline in ridership following the suspension of operations and limited capacity.

    With the change in plans, only 25 workers will lose their jobs.