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The MBIE head office on Stout Street, Wellington (the former Defence House). The Ministry of Business, Innovation and Employment (abbr. MBIE; Māori: Hīkina Whakatutuki) is the public service department of New Zealand charged with "delivering policy, services, advice and regulation" which contribute to New Zealand's economic productivity and business growth.
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
On 27 March, the national retail chain Mad Butcher was ordered to shut operations since it did not meet the Government's criteria of essential services. Mad-Butcher chief executive Michael Morton expressed frustration with a lack of clarity from the Ministry of Business, Innovation and Employment (MBIE). The company is projected to lose $3 ...
The layoffs are expected to begin in the coming weeks. Fritz Jorgensen/istockphoto. Meta. Meta, the parent company of Facebook, laid off 11,000 employees in November. Though founder and CEO Mark ...
The layoffs will result in annualized cost savings of around $200 million by the end of September 2025. "As we carry out our plan, it's important to bear in mind why we're making these difficult ...
The layoffs - around 139 jobs - are expected to begin in the third quarter and would be completed by the end of 2024. Shares of the company, which had 925 full-time employees at the end of the ...
While there had been discussions among employees for unionization in the months prior, the layoffs at Raven Software was considered the tipping point to start the union-forming process. Following this announcement, Brian Bulatao , the company's chief administration officer, sent an email to employees that tried to discourage employees from ...
Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year. Northrop Grumman announces another round of ...