I refer to part of the article already posted about CI Munro in May 2009:

Quote:
Workers at Hamilton-based Caravans International Munro may find out next week if a further 67 jobs are to go, two months after the company's last round of redundancies.

CI Munro, which builds and rents out motorhomes and caravans, is a division of Tourism Holdings Ltd, and reported a loss of $3.2 million in the six months to December 31.

The company told workers on Tuesday of its planned 67 redundancies, and expected to finish consulting with staff and the union by next Tuesday.

Tourism Holdings chief financial officer Ian Lewington told NZPA there had been no intention to make further cuts after 20 positions were culled in February.

The company had managed to retain about 12 others at that time by moving them to the growing fabrication business.

"Since then the outlook for tourism has deteriorated and the uncertainty in the world economy has meant the outlook for the build requirements in terms of caravans and motorhomes is lower than expected," Mr Lewington said.

If the full 67 go, the company will have almost halved in size from the beginning of the year when it employed more than 170 staff "

Part of the sad story of this proud regional business upping sticks and moving to Hamilton, is that it may have dropped some of its support base of skilled workers, and also happened to move at just the wrong time. Senior management should be looking hard at themselves over this mistake.

-elZorro-