The Warehouse Group has announced they will be cutting 190 jobs in order to respond to challenging market conditions ahead.

This comes a day after Mediaworks informed staff they would cut 90 jobs in an email.

Mark Hampton, an investment adviser at Hamilton Hindin Greene says these job cuts are the start of companies preparing to tighten their belts and recession-proof themselves.

"They've got to do something, they've got to respond. As unfortunate as it is for those 190 people, I can't stress that enough, it is kind of what Adrian Orr and the economy needs, unfortunately."

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