Cost-of-living crisis hits casino operator SkyCity, hundreds of jobs at risk
SkyCity is proposing a restructure affecting 200 roles due to economic challenges.Summary
Casino operator SkyCity is proposing a restructure that could affect 200 roles, primarily in its Auckland precinct. The company cited "sustained pressure on customers' discretionary spending" driven by the fuel crisis and cost-of-living challenges on both sides of the Tasman. Chief executive Jason Walbridge stated that the economic conditions facing the business are real and require making hard choices about how the company is set up for the future. The company aims to become "simpler, smarter and more connected" by reshaping how staff are deployed. The Unite Union, which represents staff, noted that most of the proposed job cuts are in corporate functions, though some front-line staff are affected. The union argued that profitable companies like SkyCity should keep people employed in these challenging economic times.
(Source：Rnz Co Nz)