It has so far publicly refused to confirm any numbers but details of the plan leaked to POLITIK indicate that the company may be looking to terminate at least 150 staff.
That would put a huge hole in New Zealand’s largest media company and has the potential to impact on its highly regarded journalism.
The numbers being talked about would make this the biggest media mass redundancy New Zealand has seen.
Tough times for those affected.
One journalist who asked where they could keep files was told in future hard copy files would be located in the company library in Ellerslie and could be delivered to Victoria Street.
Hmmn journalists with no desks or files.