Flight Centre axes 20% of NZ staff; parent drops dividend

Mon, 23 Mar 2020

New Zealand’s largest travel agency said it will make 250 workers redundant from today, following government advice not to travel to limit the spread of covid-19. Flight Centre NZ said 250 of the 1,200 staff it employs would be jobless from today, as the company temporarily closes 33 of its 140 shops across the country. The New Zealand subsidiary of ASX-listed Flight Centre Travel Group also supports more than 200 self-employed travel brokers which operate through the Flight Centre brand but not in their outlets. The Brisbane-ba...

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