close
MENU
Hot Topic Reporting season
Hot Topic Reporting season
1 mins to read

Fidelity dumping IT staff as Tower project winds up

Chief executive admits poor communication.

Chris Keall
Thu, 23 Jul 2015

Fidelity Life is cutting its IT staff from 59 to around 30.

Chief executive Milton Jennings tells NBR that nine contractors will not see their contracts renewed, and about 10 permanent staff will lose their jobs.

Fidelity bought Tower's life insurance business for $189 million in late 2013.

Mr

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Chris Keall
Thu, 23 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fidelity dumping IT staff as Tower project winds up
49811
true