Fonterra culls 750 jobs to cut costs
FONTERRA has revealed that 750 staff have been laid off as the dairy giant tries to maintain its global competitive edge.
DAIRY exporting giant Fonterra has cut 750 jobs so far as part of a major review to trim costs and remain competitive on the world stage.
THE Auckland-based company has issued an update on its business review in which chief executive Theo Spierings confirmed the job losses to date and warned there was more "fine-tuning" to come.
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