Fletcher Building sacks 1500 as economy sours
Simon EvansSenior reporter
Fletcher Building is sacking 1500 people, including 500 in Australia, because of a sharp drop in demand as the economic damage from the coronavirus pandemic washes through the construction sector.
Chief executive Ross Taylor said he had made a practical decision to respond to an economy where the construction market would be substantially weaker, with around 10 per cent of the entire workforce to be made redundant.
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