Building products company Steel & Tube is making as many as 200 of its staff redundant, saying the weaker economic outlook due to Covid-19 has brought forward a planned restructuring.
Chief executive Mark Malpass said the company would sack between 150 and 200 staff as it gets itself into a shape to cope with the near-term impact.
Source : https://www.odt.co.nz/business/job-cuts-steel-and-tube