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

 

Tubes: Tasman Global Access Cable Goes Live

Spark, Vodafone and Telstra have today announced the Tasman Global Access (TGA) cable is officially in service and ready to carry vast quantities of Internet traffic between New Zealand and the world. More>>

ALSO:

Theresa Does: Brexit Letter Sees NZD Touch Week-High Vs GBP On Brexit

The New Zealand dollar rose to a week-high against the British pound and euro after UK Prime Minister Theresa May officially triggered Britain's exit from the European Union. More>>

ALSO:

Statistics: Business Research And Development Up 29 Percent

Computer services and machinery manufacturing firms led the way in an almost 30 percent lift in business spending on research and development (R&D) in 2016, Stats NZ said today. Businesses spent $1.6 billion on R&D in 2016, up $356 million (29 percent) from 2014. More>>

ALSO:

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news