Philenews

Pressure Mounts on Housing Finance Organisation from Employees

Published February 22, 2026, 12:11
Pressure Mounts on Housing Finance Organisation from Employees

There is growing concern and pressure within the Housing Finance Organisation (HFO) from employees who believe long-standing issues can no longer be ignored. The general assembly has authorised ETYK to take action, indicating a potential escalation of the situation. Key points of contention include the expired collective agreement since 2016, understaffing, and frozen promotions. Employees express dissatisfaction with repeated promises and are looking towards the Ministry of Finance, believing it is the source of the delays in resolving the problems. The upcoming meeting between ETYK and the board of directors is expected to be crucial, as it will determine whether dialogue and understanding will prevail or if the situation will escalate into conflict.