Post by Kiwi Frontline on Nov 4, 2023 4:00:27 GMT 12
NGAPUHI FACING CUTS AS INCOME FALLS
Staff at Te Runanga o Ngapuhi have been told their jobs are being disestablished as the Kaikohe-based runanga deals with a lower anticipated dividend from the fisheries settlement trust Te Ohu Kaimoana.
A consultation document seen by Radio Waatea says the restructure could result in a decrease from around 21 staff to around 9.
The Ngapuhi Asset Holding Company says it can only pay $1.4 million this year instead of the usual $2.3 million, and anythng above that will result in lower net asset growth......
waateanews.com/2023/11/03/ngapuhi-facing-cuts-as-income-falls/
Staff at Te Runanga o Ngapuhi have been told their jobs are being disestablished as the Kaikohe-based runanga deals with a lower anticipated dividend from the fisheries settlement trust Te Ohu Kaimoana.
A consultation document seen by Radio Waatea says the restructure could result in a decrease from around 21 staff to around 9.
The Ngapuhi Asset Holding Company says it can only pay $1.4 million this year instead of the usual $2.3 million, and anythng above that will result in lower net asset growth......
waateanews.com/2023/11/03/ngapuhi-facing-cuts-as-income-falls/