‘Real fear’ about how far layoffs will go

Economists are warning of a tough winter (Image: NZME)

Mon, 15 Apr 2024

New Zealand faces a “tough winter” as more and more redundancies are announced, an economist has warned, while a trade union leader cautioned there was a risk of a more widespread “systematic loss of jobs”.At least 2,078 job cuts have been publicly announced since January 1 this year, according to BusinessDesk figures, totalled on April 12.This includes 1,388 across the public service and 690 in the private sector.You can track the latest totals and announcements with our Jobs Watch tables, updated regularly by the Busin...

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