Restructuring mistakes can be expensive

The justification for redundancy often falls down on the selection and redeployment processes. (Image: Getty)

Fri, 28 Apr 2023

Statistics New Zealand’s announcement last week that annual inflation has dropped to 6.7% was welcome news, but there are still questions around whether NZ will go into recession. If it does, companies will need to protect and preserve their businesses from the impacts of a downturn. Already this year we've seen employers such as MediaWorks, The Warehouse Group, Amazon NZ, Xero and Sky Television announce restructures and many people are watching to see whether NZ will follow emerging international trends towards large-scale...

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