Coronavirus: NZC to cut jobs to cope with economic fallout
The HinduNew Zealand Cricket is looking to shed around 10 to 15 percent of its staff and save NZ$ 6 million in operation costs as it copes with the “challenges” posed by the COVID-19 pandemic, Chief Executive David White said on Wednesday. NZC’s cost-cutting measures would allow the cricket board to keep the same level of funding for the six major associations, districts and clubs, and also avoid cutting the men’s and women’s domestic calender, said White. NZC is expecting “significant reduction” in revenues for the current financial year compared to 2018-19 with the global health crisis forcing a cricket shutdown and also putting doubt on the international calender. “It’s a really challenging situation and we’ve just got to work through it the best we can to ensure NZ Cricket remains strong and viable, and all our members do as well,” White said.