CABINET Secretary Karlo Nograles on Wednesday advised businessmen to refrain from resorting to retrenchment despite the negative impact on the economy caused by the corona virus crisis (Covid-19), reiterating that the Covid-19 crisis is not permanent.
"I think any retrenchment as of the moment should be a last option," Nograles said in a press conference at the Fernandina Media Forum in San Juan City.
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