Another 500 jobs are expected to be cut as New Zealand Post combats declining mail volumes.
Stuff.co.nz reports, a spokesman confirmed that reports claiming the company was cutting management positions were correct. A statement is expected on Tuesday afternoon.
NZ Post has been struggling against a long running decline in mail volumes, although Kiwibank, which is part of the organisation, is increasingly profitable.
The job cuts will reportedly be made in Auckland, Wellington and Christchurch, reports Stuff.
In February, chief executive Brian Roche warned that despite a series of cost cutting measures, the fall in mail volumes was hitting its revenues by $20-$30 million a year.
The postal services business continues to be challenged by tough market conditions. During the last 12 months letter volume fell by about 60 million units and while we have significantly reduced costs we have not kept pace with the rate of decline," Roche said, as he reported a fall in revenue and profits for the six months to December 31.
2 comments
NZ Post performance
Posted on 30-03-2016 06:13 | By tia
Perhaps if NZ Post returned to delivering mail in a timely manner people would continue to use this company. 15 days for a letter to get from BoP to the South Island is unacceptable. Centralising sorting is not the answer. Secondly, Rural delivery need to remember who the 'customer' is. I receive courier parcels which state "sign on receipt". And what happens? Just dropped in my box just like any other item. So why should the sender pay for a higher level of service when the RD just ignore it? They only have themselves to blame.
Gave reference
Posted on 30-03-2016 09:48 | By Towball
To NZ Post last week outlining the predictable outcomes when companies such as this are managed with such arrogance equally the similar mindset from employees when these rumours are inset for long periods before offical announcement. Obviously people in this industry same as all others where a small percentage actually do what they are contracted to with the majority going through life on the scraps of others hard work. Time to make management and all staff accountable for an honest day's work. To many lazy Management personnel who always hit the front line staff for their own in competencies . Prime minister glaring example . Want the big salaries and get staff BENEATH them to do their job !. Non productive parasites and we still recruit them from all over the World. Wonder why you have ROBOTS ?.
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