BlueScope warns of 'substantial' job losses at Glenbrook

BlueScope warns of 'substantial' job losses at Glenbrook
Gavin Evans
BlueScope Steel is preparing to spend up to A$50 million to lay off a “substantial” number of staff and reduce the scale of its New Zealand operations.The company reported on Monday a A$206 million first-half operating loss on the NZ and Pacific Islands operation, having last month written A$197 million off the value of the business. Excluding the writedown, the loss was A$5.8 million.Group chief executive Mark Vassella said the proposed reconfiguration “could see a substantial number of roles made redundant.”&ldquo...

More Policy

Council eyes single buyer for Maungawhau Station super-site
Policy

Council eyes single buyer for Maungawhau Station super-site

The redevelopment site will probably be the biggest in NZ, Wayne Brown said.

Oliver Lewis 26 Sep 2025
Willis, Edmonds offer 'boardroom' bipartisan vibes
Economy

Willis, Edmonds offer 'boardroom' bipartisan vibes

'We are the centre, Labour and National,' said Labour's Barbara Edmonds.

Pattrick Smellie 24 Sep 2025
Fear, panic and a sour mood in the boardroom
Opinion

Dileepa Fonseka: Fear, panic and a sour mood in the boardroom

Strong on the world stage, the PM’s weaknesses at home are hurting him.

Dileepa Fonseka 24 Sep 2025
New Employment Leave Act aims to reduce complexity
Policy

New Employment Leave Act aims to reduce complexity

Cabinet will repeal and replace the Holidays Act 2003 with a new Employment Leave Act that is simpler and easier to understand, said Workplace Relations and Safety Minister Brooke van Velden.“The problems with the act have been well canvassed over the years, costing billions in l...

Staff reporters 23 Sep 2025