Millenium & Copthorne axes 70% of staff
Listed hotelier said it should survive for up to two years before rebuilding tourist numbers.
NZX-listed Millenium & Copthorne Hotels New Zealand (MCK) has made 70% of its staff redundant to survive the impact of the Covid-19 pandemic on the sector.
The hotelier made the announcement in a webcast annual shareholders meeting Tuesday afternoon and is one of a growing number of corporates
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