Sharp cuts loom for paper company jobs

Opal chief executive said the company was inefficient. (Image: Getty)

Tue, 09 Apr 2024

A multinational paper and packaging company with sites in Auckland, Hastings and Christchurch is set to cut jobs in New Zealand.Opal Packaging, which Japanese paper giant Nippon owns, told its workers in March that it would be cutting 220 jobs across its Australia and NZ sites, as reported by ABC. Opal confirmed to BuisnessDesk that due to drops in profitability, it is “reviewing its organisation structure across salaried roles”, but it refused to confirm how many NZ jobs would be cut. It could affect the company&rsqu...

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