Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

New Zealand Ministry of Foreign Affairs and Trade cuts 305 jobs

Posted: February 26th, 2012 | Author: | Filed under: By Location, New Zealand | Tags: , , , | No Comments »

The Ministry of Foreign Affairs and Trade (MFAT) has confirmed 305 jobs will be cut as part of proposed restructuring.

There would be 305 job cuts and that 600 MFAT staff would have to reapply for their jobs in new specialist roles. The ministry has 1340 staff, half of which are offshore.


Hawke’s Bay District Health Board cuts 35 jobs

Posted: February 19th, 2012 | Author: | Filed under: By Location, New Zealand | Tags: | No Comments »

Hawke’s Bay District Health Board’s (HBDHB) has announced 35 staff cuts across all disciplines.

The nurses union said Bay of Plenty District Health Board (BOPDHB) nurses had also been warned job cuts were coming their way.


Australian Breadmaker Goodman Fielder to cut 300 jobs

Posted: February 17th, 2012 | Author: | Filed under: Australia, By Location, New Zealand | Tags: | No Comments »

Goodman Fielder, the Australian breadmaker, has cut 300 jobs – from Australia to New Zealand

The jobs lost so far have been mostly in the baking division in Australia but the company said cuts will extend to New Zealand in the current half year but not to the same extent.


2000 Job cuts expected for public service savings

Posted: May 22nd, 2011 | Author: | Filed under: By Location, New Zealand | Tags: , | No Comments »

Unions say crucial jobs will be axed after further slashes to public service funding were announced in budget, but Finance Minister Bill English says there is still room to trim fat in the sector.

Government departments will have to reign in spending over the next three years to scrape together close to $1 billion of savings called for in the budget.


Vegetable firm “Fresh A Peel” lays off 11

Posted: August 28th, 2010 | Author: | Filed under: New Zealand | Tags: , | No Comments »

Eleven jobs have been lost at Nelson company Fresh A Peel.

The redundancies follow the company’s decision to cut its supply of bulk peeled and chopped vegetables for the food service and wholesale market.