Business
Refining NZ proposes to cut 100 jobs as talks over longer term future of refinery continue – Stuff.co.nz
Plan would see a quarter of the jobs at Marsden Point oil refinery axed.
Refining NZ is proposing to cut 100 jobs at its Marsden Point oil refinery after confirming plans to reduce its output.
The company said in an NZX statement that it had set aside $5 million for restructuring and expected to reduce its operating costs including its labour costs by $20m in 2021.
Spokeswoman Ellie Martel said plan was subject to consultation with staff, but would see 100 of the refinerys 400 jobs go.
READ MORE:* Refining NZ sends out further signals Marsden Point oil refinery…
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