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Source: Radio New Zealand

will outsource more functions in a measure aimed at reducing its cost base.

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Around 270 jobs head office jobs will go from the Warehouse, and more functions will be outsourced, in a measure aimed at reducing its cost base.

Chief Executive Mark Stirton said the company’s cost base was unsustainable for a value retailer.

The job losses are expected to cost the Warehouse around $6-million in redundancy costs this year.

More to come …

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

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