One of New Zealand’s busiest townhouse developers says some of their staff have nothing to do.

Williams Corporation is offering redundancy for up to 30 percent of staff, between here and in Australia and Asia.

It says sales are down and it need to cut numbers. Staff who take the offer will get two months' pay.

Co-founder Matthew Horncastle says the business remains profitable, but there's simply not enough work to go around.

LISTEN ABOVE

One of New Zealand’s busiest townhouse developers says some of their staff have nothing to do.
Williams Corporation is offering redundancy for up to 30 percent of staff, between here and in Australia and Asia.
It says sales are down and it need to cut numbers. Staff who take the offer will get two months' pay.
Co-founder Matthew Horncastle says the business remains profitable, but there's simply not enough work to go around.
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.