|
Thursday 9th June 2011 |
Text too small? |
Up to 45 of the about 150 workers at Yarrows Bakery - one of the nation's last big independent bread bakers - will lose their jobs.
The Engineering, Print and Manufacturing Union said all workers had been made redundant following the receivership announcement last month, but 100 have been offered new jobs by the receivers.
Between 40 and 45 workers would lose their jobs, EPMU lead organiser Wayne Ruscoe said.
"We hope this decision to strip the business back to basics will make the company a more saleable asset," Ruscoe said.
The company was the largest employer in Manaia, a tiny South Taranaki town with a population of just 1009.
Its factory produces up to 40,000 loaves of bread a week and sells frozen dough to Subway outlets in New Zealand and overseas.
NZPA
General Capital Announces Further Strong Growth
Comvita announces key leadership appointments
OCA - Momentum Building on Stronger Foundations
Devon Funds Morning Note - 20 November 2025
ERD - Strong cash flow supports focused ANZ market expansion
AFT delivers 10th consecutive first half revenue increase
Steel & Tube - Trading Update - November 2025
November 20th Morning Report
NPH - 2025 Full Year Results
RAD - Radius Care Triples 1H26 NPAT