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‘In a financial trap’: NZ cuts punish public sector, business, workers

Wellington | At a trendy cafe in downtown Wellington, job seekers gather to share tips on how to find work in New Zealand’s capital, where deep government spending cuts have led to thousands of public sector job losses and squeezed the city’s economy.

Rebecca Thomson, a communications specialist who started the informal support group after she could not find work as a government contractor during the cuts, said competition for positions was fierce.

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Reuters

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    Original URL: https://www.afr.com/world/pacific/in-a-financial-trap-nz-cuts-punish-public-sector-business-workers-20250521-p5m0xr