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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Fonterra downplays fresh restructure rumours

The dairy giant says any indications that more “waves” of job losses are coming are “completely untrue”

Jason Walls
Fri, 29 Jan 2016

Fonterra is pouring cold water over claims another wave of job losses are on the way at the cooperative.

The speculation came from a letter leaked to media – dated early last year – which includes a line that Fonterra will have to “generate price reductions of at least 10% reducing competition.”

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Jason Walls
Fri, 29 Jan 2016
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Fonterra downplays fresh restructure rumours
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