The Reserve Bank is moving to cut 20 percent of its staff in a bid to unwind the hiring spree by former Governor Adrian Orr.

The restructure will see the net reduction on 142 roles, including 35 vacant positions.

NZ Herald Wellington business editor Jenee Tibshraeny explains further.

LISTEN ABOVE

The Reserve Bank is moving to cut 20 percent of its staff in a bid to unwind the hiring spree by former Governor Adrian Orr.
The restructure will see the net reduction on 142 roles, including 35 vacant positions.
NZ Herald Wellington business editor Jenee Tibshraeny explains further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank looking to cut 20 percent of staff

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ef40ac6a-8e90-427e-8072-b338008dd104/transcript