New Zealand Cricket set to cut jobs amid coronavirus pandemic

News24
30 May 2020, 01:42 GMT+10

New Zealand Cricket (NZC) looks set to cut it's workforce by 10-15 percent as it forecasts significant cuts to revenue due to the coronavirus pandemic.

The proposed job losses would save the country's cricket board approximately 1.5 million NZdollars.

In the 2018-19 financial report, NZC reported a revenue of NZ$59.4million but it expects a massive reduction in the next financial year.

NZC chief executive David White told : "It'd be fair to say it's a significant reduction from that [revenue], hence these significant cuts.

"We have our priorities for the year which we're not compromising and we're investing in those.

"The cuts are coming from NZC, NZ$6 million, of which NZ$1.5m is staff."

The international men's and women's teams as well as management would not be affected by the cost-saving measures, and the players' annual retainers will be as predicted for the upcoming season.

As it stand to date, New Zealand men's team is set to play Bangladesh, West Indies, Pakistan and Sri Lanka during their home summer but despite the country's positive results in the battle against Covid-19 it remains uncertain which of those tours will take place.

White continued: "What we are experiencing is what I imagine most businesses in New Zealand are experiencing at the moment.

"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."

- TEAMtalk media

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