Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

NZPA Restructuring Confirmed

Media Release

20 June 2008

NZPA Restructuring Confirmed

The New Zealand Press Association (NZPA) has confirmed its plan to streamline its operations.

Chairman Michael Muir announced today that the NZPA Board had considered feedback received from staff and the union representing journalists to a proposal made 3 June.

Directors had decided that a combination of redundancies, including voluntary redundancies, and non replacement of recent resignations together involving seven full time equivalent positions would provide the necessary cost reductions.

“With some reconfiguration of staffing and the introduction of new technology, the Board is confident the news agency will be able to continue to supply its traditional newspaper customers and the wide cross section of Internet and broadcast clients with a quality national news wire,” said Mr Muir.

Staff were advised of the decision of the Board at meetings this afternoon.

In addition to staff reductions, NZPA had announced its intention to review the costs of the agency’s purchase of international news wires, while also planning to invest in new editorial content management technology.

Ends………..

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: