SkyCity looking to let another 700 people go

SkyCity looking to let another 700 people go
Rebecca Howard
SkyCity Entertainment Group is looking to axe a further 700 jobs due to the impact of covid-19, on top of the 200 it announced last month.While it is poised to reopen if the current lockdown restrictions are eased further this afternoon, chief executive Graeme Stephens said the landscape has fundamentally changed.“Weaker economies, lower personal disposable income, changed entertainment habits, restrictions on mass gatherings and physical distancing requirements as well as long term travel restrictions will result in SkyCity reopening as...

More Services

‘Battle-hardened’ Trade Window eyes growth
Markets

‘Battle-hardened’ Trade Window eyes growth

The customs software minnow has weathered the storm. What next?

Pattrick Smellie 21 Nov 2024
Crimson big enough for ASX IPO: Beaton
Finance

Crimson big enough for ASX IPO: Beaton

A US market listing at a greater scale looks more likely.

Pattrick Smellie 06 Nov 2024
CoreLogic data suggests property market floor is nigh
Property

CoreLogic data suggests property market floor is nigh

Broad economic trends underpin the latest figures, CoreLogic's economist says.

Spark outlines more possible asset sales
Finance

Spark outlines more possible asset sales

The Spark board has a calculation to make about dividend reinvestment policy.

Pattrick Smellie 31 Oct 2024