BREAKING NEWS
One hostage killed, two knifemen "neutralised" in a French church ... Read more
Close

Staff cuts released with annual results

TOM PULLAR-STRECKER
Last updated 05:00 06/07/2013

Relevant offers

Industries

Taking remote control of NZ's forestry future A 'fine creation' worth hundreds of millions brought low by family dissent Kensington Swan says Grozovsky brothers offended by portrayal Swamp kauri case continues in Auckland High Court Auckland Airport accounts clerk pleads guilty to fraud charges The meaning of Starbucks' new employee dress code Live with Deloitte's Ian Fay on the Deloitte Fast 50 Auckland Council will no longer buy land for parks in established suburbs Magnate Hugh Green's family urged to settle differences over family trusts Unison Networks defends price hike for consumers with solar panels

Telecom says it won't release final details of how many staff it has let go through its efficiency drive until its annual results are reported in August.

Chief executive Simon Moutter announced in March that Telecom planned to axe between 930 and 1230 jobs by the end of last month.

Sources said the final figure had come in towards the lower end of that range. The majority of those staff had left by the end of last week but some of the cuts have yet to be implemented, as had been expected.

Absolute IT director Grant Burley said a high number of staff in public and private sector organisations that were undergoing restructuring were choosing to take voluntary redundancy, as the recruitment market was buoyant.

A Telecom staffer in Wellington said all the people who had been made redundant from their particular business unit had already gone on to secure other employment.

Ad Feedback

- The Dominion Post

Special offers

Featured Promotions

Sponsored Content