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2 Jun 2020 14:30
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  •   Home > News > Business

    Two hundred jobs have been cut from Sky City in this country, with immediate effect

    Two hundred jobs have been cut from Sky City in this country, with immediate effect


    Auckland's Skytower
    Auckland's Skytower
    The redundancies are part of major changes the casino giant's making here and across the Tasman.

    SkyCity chief executive Graeme Stephens says the pandemic has caused an unprecedented impact on people, businesses and the global economy.

    He says during the closure, the company's missing out on 90-million dollars a month in lost revenue ... while still incurring significant costs.

    Except for central Auckland's Convention Centre and Horizon Hotel project, all capital development projects in New Zealand have been put on hold.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     02 Jun: Countdown is giving its 14,400 staff shares in the Woolworths group, to recognise how the business has pulled together in the last few months
     02 Jun: The number consents for new homes has dropped in the past month
     02 Jun: ANZ has sold the finance company UDC for 762 million dollars, to Japans' Shinsei Bank
     02 Jun: A little bit of movement in the Auckland housing market..
     02 Jun: So far so good with the construction for the 36th America's Cup
     02 Jun: The Queenstown housing market's seen little growth in value over the past year, while it's soared nearby in Dunedin
     02 Jun: More commercial cinemas are re-opening their doors this week
     Top Stories

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    Worrying signs for Super Rugby with Jaguares players in Argentina being encouraged to pursue professional playing opportunities offshore More...


    BUSINESS BUSINESS
    Countdown is giving its 14,400 staff shares in the Woolworths group, to recognise how the business has pulled together in the last few months More...



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    Business:
    Countdown is giving its 14,400 staff shares in the Woolworths group, to recognise how the business has pulled together in the last few months 13:27

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    Pamela Anderson would "absolutely" love to get married again 13:15


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