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29 Oct 2025 18:43
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      Home > News > Business

    A Reserve Bank restructure has cut 20 percent of its workforce

    A Reserve Bank restructure has cut 20 percent of its workforce


    Since March, 154 jobs have gone - 124 from the Wellington office.

    Just under 600 staff remain on the books - with the cuts saving 11 million dollars

    © 2025 Newstalk ZB, NZCity

     Other Business News
     29 Oct: Alarm bells for smaller regions - as population growth fizzles out
     29 Oct: Commuters on the Auckland City Rail Link will be able to access 5G phone connection from underground
     29 Oct: Christchurch Airport's busy summer season is underway - and it's already looking ahead
     28 Oct: Restaurant Brands' independent directors have recommended a below-valuation takeover offer from majority owner Mexico's Finaccess
     28 Oct: The cost of living for the average household isn't rising as fast as overall consumer prices
     28 Oct: A new flight route is taking off between Christchurch and its sister city, Adelaide
     28 Oct: Queenstown tourism operators are heading into summer on a high, with strong visitor numbers and growing optimism
     Top Stories

    RUGBY RUGBY
    George Ford has been selected ahead of Fin Smith at first-five for England against Australia at Twickenham this weekend with Marcus Smith missing altogether More...

    BUSINESS BUSINESS
    Alarm bells for smaller regions - as population growth fizzles out More...


     Today's News

    		 Rugby League:
    The South Sydney Rabbitohs have signed Queensland State of Origin second rower David Fifita for the next two years 18:37

     Rugby League:
    The Silver Ferns are well aware they'll have to push themselves to their limits to retain the Constellation Cup 18:37

     Entertainment:
    Demi Moore put "a lot of pressure" on herself in her early years in Hollywood 18:21

     Law and Order:
    Inmates injured three staff at Auckland's Mount Eden Prison - in a confrontation this morning 18:07

     Entertainment:
    Dolph Lundgren spoke about his cancer diagnosis because he didn't want other patients to feel "alone" 17:51

     International:
    Lily Allen's West End Girl strikes a chord with other artists turning break-ups into art 17:37

     Netball:
    Silver Ferns interim head coach Yvette McCausland-Durie isn't surprised at the lack of close scores in this year's Constellation Cup netball series 17:27

     Law and Order:
    A medical equipment company director convicted of bribery and corruption must do four months community service 17:27

     Entertainment:
    America Ferrera thinks her daughter will "love" Ugly Betty 17:21

     Entertainment:
    Ashley Greene emails letters to her three-year-old daughter 16:51

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