Fletcher Building criticised for cutting staff pay up to 70%

Author
Newstalk ZB,
Publish Date
Fri, 3 Apr 2020, 4:16PM
Photo / File

Fletcher Building criticised for cutting staff pay up to 70%

Author
Newstalk ZB,
Publish Date
Fri, 3 Apr 2020, 4:16PM

Fletcher Building is being urged by the construction workers' union to reconsider drastic pay cuts.

The company has sent a letter to employees outlining its intentions to cut pay by up to 70 percent for some workers, while top executives take just a 15 percent cut.

Fletcher has 10,000 employees here and a further 5000 in Australia.

First Union spokesperson Jared Abbott joined Kate Hawksby to share his thoughts on the issue.

LISTEN ABOVE