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

 


NZ Post cuts 100 jobs from Datamail, 70 in Wellington

NZ Post cuts 100 jobs from Datamail, 70 in Wellington

Feb. 14 (BusinessDesk) - New Zealand Post became the latest major employer to announce job cuts as it closes its Datamail centre in Petone, Wellington, at the cost of 70 jobs, and axes 30 jobs in Auckland.

Datamail, which prints junk mail for advertisers, will close the Petone site in mid-2014, will offset the cuts with the creation of 30 new positions in its Christchurch Datamail operation.

The company is investing in new printer technology and no longer needs as many machines to meet demand, so is closing one of its three sites.

The announcement follows reports that Contact Energy, the largest listed electricity company on the NZX, will cut its 1100 workforce by 10 percent as part of a $40 million cost-cutting drive, and 192 job losses at an unprofitable Oamaru wool-spinning operation.

"While the number of printers will reduce, the capacity will increase," said NZ Post spokesman John Tulloch in a statement. "Our major competitors have this technology and not keeping pace would risk Datamail losing customers and not being able to provide the product range the market demands."

NZ Post chief executive Brian Roche announced earlier this month that NZ Post wants to renegotiate its mail service agreement with the government, to reduce six day a week residential postal deliveries to three days a week, as it faces declining mail volumes.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news