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Keppel slashes workforce in Cebu

Keppel slashes workforce in Cebu

Manila: About half of the 400-strong workforce of the Keppel Cebu Shipyard in Lapu-Lapu City will be displaced once the company closes its ship repair services to focus on ship building.
Keppel management will meet this week with the union to discuss the compensation package for displaced workers.
Singapore's Keppel has two other Philippine shipyards in Batangas and Subic.  [16/03/09]