Job Losses Announced At New Zealand Gaming And Entertainment Firm

Job Losses Announced At New Zealand Gaming And Entertainment Firm

New Zealand – A New Zealand gaming and entertainment firm; Skycity Entertainment Group, has today announced job losses at its organisation amid ongoing coronavirus pandemic.

The firm, which owns and operates five casino properties in New Zealand and Australia that include restaurants and bars, two luxury hotels, convention centres, and Auckland’s Sky Tower, has been forced to lay off staff to mitigate the impact of Covid-19 and reduce overall costs due to ‘an unprecedented impact on people, businesses and the global economy’.

A spokesperson for the New Zealand casino corporation said:

“We will need to reduce our headcount to a level more commensurate with our anticipated levels of trade once we reopen. This will lead to redundancies for approximately 200 of our people and we will be starting this process with immediate effect. At present, all casinos, hotels, restaurants, bars and attractions are closed across the five SkyCity properties in New Zealand and Adelaide, South Australia. We have over 5000 people on our payroll and we are a tight knit team – even more so after dealing with the fire at the New Zealand International Convention Centre late last year.”

The news comes just hours after officials in the south-western Pacific Ocean nation announced that there are currently almost 900 cases of the virus from North to South.

In addition to making employees redundant, the Skycity Entertainment Group has also made changes to senior staffing:

“We have restructured the senior leadership team and the role of chief property officer, held by Peter Alexander, has been made redundant. This is a storm we could, and would, weather if we were to reopen within a few months in a pre Covid-19 world. Unfortunately, the impact of Covid-19 is not limited to the short- term consequences of closure. Our international business activities might recover reasonably quickly once travel restrictions are lifted, but the parts of our business driven by corporate travel and by tourism, such as our hotels and the Sky Tower, will take longer to recover.”

A spokesperson concluded that it is difficult to see beyond the short-term given the severity of the crisis:

“Given that our business has fundamentally changed for the foreseeable future, we need to take action now to address this.”

SkyCity Entertainment Group is one of Australasia’s leading gaming, entertainment and hospitality businesses.

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