TELECOM Corporation of New Zealand expects to incur one-off restructuring costs of between $NZ70 million ($58.6m) and $NZ80m this year in relation to the reduction of its local and Australian Gen-i operations, the company said in a statement today.
The company said it expected to cut its number of full-time equivalent employees to between 6300 and 6600 by the middle of 2013 from 7530 as of December 31.
Chris Griffith 'HTC finally has an Android smartphone capable of taking the fight to Samsung's Galaxy S4' HTC finally has an Android smartphone capable of taking the fight to Samsung's Galaxy S4 and other new handsets.
Jennifer Foreshew 'A program that can predict a patient's vital signs 20 seconds into the future could make surgery safer than ever' A PROGRAM that can predict a patient's vital signs 20 seconds into the future could make surgery safer than ever.
Andrew Colley 'ICANN is expected to approve hundreds of new generic top-level domain suffixes within months' THE world's internet naming authority is expected to approve hundreds of new generic top-level domain suffixes within months.
