Big corporate job cuts point to problems for older workers - Liam Dann
A colleague highlighted two alarming business headlines last week. Spark has cut 600 jobs and SkyCity plans to cut 250. That’s the kind of ugly economic news...
Spark was reporting the number of jobs it had shed in the year to June 30, and SkyCity was outlining how many it planned to shed in the next year. Economists are also fond of pointing out that the labour market is usually the last part of the economy... [4800 chars]