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Liam Dann: It's been a sobering month for the economy

Author
Newstalk ZB,
Publish Date
Thu, 11 Apr 2024, 8:43PM
TVNZ. Photo / Doug Sherring
TVNZ. Photo / Doug Sherring

Liam Dann: It's been a sobering month for the economy

Author
Newstalk ZB,
Publish Date
Thu, 11 Apr 2024, 8:43PM

It's been a big time for job cuts, with multiple roles being slashed over the past month.

The public service has posted several high-profile job cuts, and over 300 media roles disappeared following the TVNZ and Newshub culls.

Telecommunications giants like One NZ have also laid off hundreds of workers - and the closure of Sunfed and Kate Sylvester will mean more jobs are on the chopping block.

NZ Herald business editor at large Liam Dann says this won't be the last of it, as unemployment figures will be expected to reach 5 percent.

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