File photo. Photo: 123rf
Employers and Manufacturers Association (EMA) is seeing increasing demand from employers looking for advice on restructuring and redundancy, as they look to cut costs.
EMA head of advocacy Alan McDonald said requests had been steadily rising through the year, with a sharp increase over the past four months.
EMA head of advocacy Alan McDonald says people will lose jobs. Photo: RNZ / Dan Cook
“In the year to November, demand for restructuring and redundancy support has increased by nearly 50 percent as businesses responded to the economic slowdown,” McDonald said, adding more will be known with the release of third-quarter economic data on 14 December.
“What we are hearing directly from our members is that the …
Read the full article at: https://www.rnz.co.nz/news/business/504694/restructuring-redundancy-advice-sought-as-firms-face-inflationary-pressures