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Philippines Could Furlough Up to 30% of Garment Workers by 2021

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The Philippines is poised to furlough as many as 54,000 garment employees—or roughly 30 percent of the sector’s workforce—until 2021 due to pandemic-induced pressures, an industry group announced Tuesday. The news comes less than six months after the Southeast Asian nation laid out a 10-year roadmap to revive its once-competitive textile industry by earmarking capital…

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