NZ Post plans major job cuts

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The Kiwi institution has revealed it will likely be slashing around 500 positions as it grapples with falling mail volumes.

Significant job losses are expected at one of the country’s most well-known institutions after New Zealand Post announced plans to cut a further 500 positions over the coming months.

"The number of jobs involved in the proposal is significant,” revealed a company spokesperson. “It is expected to be around 500. This forms part of the 1500-2000 roles indicated in late 2013 when the five-year plan was announced."

The cuts will be felt mainly in Wellington, Auckland and Christchurch, with many head office staff and management positions expected to go.

According to the spokesperson, the staff reduction will effectively trim the fat and improve organizational effectiveness.

"The change will remove layers of management to enable New Zealand Post to make and act on decisions faster and better support our front line teams working with customers,” revealed NZ Post. “It will also simplify how the organisation is set up - giving more decision-making power to regional and local teams - and remove duplication.”

The process is expected to be completed by July.

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