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Mass lay-offs as SkyCity rushes to cut costs

Redundancies for 200 staff as casino tries to weather Covid-19 lockdown.

Andrew Bevin Fri, 03 Apr 2020

NZX-listed casino operator SkyCity has initiated sweeping redundancies to cope with the cost of having all of its casinos closed to combat the spread of Covid-19.

Chief executive Graeme Stephens said the casino faced almost $90 million in lost revenue every month of the lockdown, while still

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Andrew Bevin Fri, 03 Apr 2020
Contact the Writer: andrew@nbr.co.nz
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Mass lay-offs as SkyCity rushes to cut costs
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