Tuapeka Gold to cut jobs - News Summed Up

Tuapeka Gold to cut jobs


Tuapeka Gold Print chief executive Greg Jolly addresses staff yesterday. PHOTO: SUPPLIEDUp to 110 redundancies are expected at Tuapeka Gold Print as the impact of Covid-19 abruptly changes the Dunedin company’s outlook for the immediate future. Staff were told yesterday about 30% of the workforce would be cut. That news came after more than five years of 30% to 40% annual revenue growth, during which time the company had created nearly 300 new jobs. Reducing our workforce is the only way we can survive the enormous financial impact Covid-19 is having," Mr Jolly said.


Source: Otago Daily Times June 24, 2020 16:07 UTC



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