Fonterra plans to cut jobs, outsource labor, and optimize efficiency at its Waikato headquarters.

Fonterra plans to cut jobs and outsource labour from overseas at its Waikato headquarters as it aims to optimise core operational efficiency. The proposed changes are aimed at creating financial value for its farmer shareholders. However, Waikato Federated Farmers dairy chairperson Matthew Zonderop argues that the company should support staff locally and utilise available technologies to keep jobs in New Zealand.

July 24, 2024
3 Articles