2013 - More redundancies...

.

.

Last year’s talley of redundancies – by  no means complete – which added to the rise in unemployment to 175,000 New Zealanders looking for work;

• ANZ; 1,000 redundancies
• Air New Zealand: 441 redundancies
• Yellow Pages; 125 redundancies
• Wire by Design, 55 redundancies
• Hakes Marine; 15 redundancies
• Telecom; 400 redundancies
• Brightwater Engineering; 40 redundancies
• Pernod Ricard New Zealand; 13 redundancies
• Depart of Corrections; 130 redundancies
• Summit Wool Spinners; 80 redundancies
• Ministry of Foreign Affairs and Trade; 80 redundancies
• Cavalier/Norman Ellison Carpets; 70 redundancies
• IRD; 51 redundancies
• Flotech; 70 redundancies
• NZ Police; 125 redundancies
• CRI Plant and Food; 25 redundancies
• Te Papa; 16 redundancies (?) 30 redundancies (?)
• PrimePort Timaru; 30 redundancies
• Kiwirail; 158 redundancies
• Fisher & Paykel; 29 redundancies
• Goulds Fine Foods; 60 redundancies
• Canterbury University; 150 redundancies (over three years)
• Solid Energy; 363 redundancies 460 redundancies
• Tiwai Pt aluminium smelter; 100 redundancies
• Axiam Metals;  44 redundancies
• Norske Skog; 120 redundancies
• Goodman Fielder; redundancy numbers t.b.a.
• Dunedin City Council/Delta: 30 redundancies
• Blue Sky Meats; 100 redundancies
• Kaipara Ltd/Stockton Alliance; 63 redundancies
• Wainuiomata New World; 44 redundancies
• Nuplex; 64 redundancies
• Newmont Waihi Gold; 20 redundancies
• Ministry of Justice; 70-200 redundancies
• Salisbury School in Nelson and McKenzie Residential School in Christchurch; 90 redundancies
• Rakon; 60 redundancies
• Dynamic Solutions; 40-60 redundancies
• Thorn Lighting; 8 redundancies
• Eastern Institute of Technology; 12 redundancies (?)
• UCOL; 30 – 50 redundancies
• Kiwirail Hillside Workshops; 90 redundancies
• SCA Hygiene Australasia; 140 redundancies
• Dunedin City Council: 10 redundancies
• Carter Holt Harvey; 70 redundancies
• NZ Herald: 8 redundancies
• Apata Fruit Packhouse: 25 redundancies

The year is barely one month old, and reports are starting to come in of redundancies,

.

Source

Listen to more on Checkpoint

.

This is yet another business that has been affected by the high exchange rate – the same high Dollar that Steven Joyce has resolutely maintained is “not a crisis”,

“There is no generic crisis in manufacturing but I would certainly acknowledge it is challenging for some companies.”

See: Currency intervention a fool’s paradise, says Joyce

Strange – I would have thought that the loss of 40,000 manufacturing jobs in the last four years would qualify as a crisis?

And why is it, I wonder, that National is willing and happy to throw $65 million (of our taxes)  at Warner Bros (a multi-billion dollar overseas company), as a subsidy, to “create” 3,000 jobs,

“I’m proud our Government took action to make sure The Hobbit films were made here. They created 3000 jobs and poured millions of dollars into our regions.”

See:  National – Celebrating The Hobbit

If my ‘take’ on this is correct,

• 3,000 jobs ‘created’ – good
• 40,000 jobs lost – meh!

And ironically, Key’s claims of 3,000 “new jobs” created may not even be correct! (see:  Key denies Hobbit job numbers made up) Dear Leader may be pulling another ‘swiftie’ on us, as he did with the Skycity convention-construction numbers. (See: Puzzle of Key’s extra casino jobs)

So by the numbers, for this year:

• NZ Post: 666 redundancies (?)
• Summit Wool Spinners: 192 redundancies

Expect this list to increase on a weekly basis.

This blogger also has ‘inside information’ that Veridian Glass – a Wellington-based glass-supplier for the glazing industry – will also be shedding an unknown number of staff, including truck drivers.

Last year’s shocking news that unemployment had reached 7.3% (175,000 men and women out of work) may only be the beginning.

The next Household Labourforce survey data may see unemployment rising even further.

Meanwhile, as the manufacturing and export sector suffer from an over-valued dollar;  more and more jobs are being lost; and business-owners are demanding action from National.

Meanwhile, Steven Joyce reminds us,

“Nobody’s arguing that being a manufacturer isn’t challenging. In fact, in my history in business, every time you’re in business it’s challenging.

But going around and trying to talk down the New Zealand economy and talk about a crisis in manufacturing, I don’t think is particularly helpful.”

See: Exporters tell inquiry of threat from high dollar

Business people are supposedly National’s core constituents.

You wouldn’t think  so.

.

“Nope. No manufacturing or export sector crisis down here.”

.

.

= fs =