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

 


NZ Post profit shows no rationale for drastic job cuts

29 August 2014

Media Release

NZ Post profit shows no rationale for drastic job cuts

New Zealand Post Group’s $107 million profit shows the company is not in crisis and can afford to carefully consider any future job losses, says the union representing NZ Post workers.

“Over the past year, Post has closed mailing processing centres and announced plans to cut over 2,000 jobs,” says Joe Gallagher, EPMU industry organiser for NZ Post.

“The rationale has been that mail volumes are declining and the business needs to change drastically to survive. Today’s announcement confirms that there is no immediate cause for concern.

“We want Post to take their time with any future restructures. Even though the industry is changing, New Zealand Post is a vital public service. We want Post management to ensure the company is set up to be sustainable, and provide full-time, meaningful employment to its workers.”

The EPMU represents over 3,000 New Zealand Post workers in delivery and mail processing.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Three Months On: Quake Reciovery In Kaikōura And Elsewhere

Three months after the magnitude 7.8 earthquake on 14 November, encouraging recovery progress is being made in affected communities. More>>

ALSO:

Jetstar, Qantas For Govt Transport: Government Still In Talks With Air NZ

The government is still negotiating with national carrier Air New Zealand in a cross-agency air travel contract that will add a number of new airlines to the list of approved flyers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news