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Breaking news: The jobless rate was expected to fall. Instead it rose in September to 5.7% - More soon.

Breaking news: Reserve Bank stuns by holding OCR at 2.75% following a 4-3 vote - Read more

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"A notable feature of the latest figures is that the red ink is now starting to seep into the figures for the South Island, with value figures there starting to show some weakness."

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SK Hynix

Samsung NZ to shed staff as Korean tech giant stumbles with AI

[updated]

Layoffs loom for Samsung in New Zealand, Australia and SE Asia, following sliding share price due to unconvincing AI efforts

2nd Oct 24, 12:53pm

by Juha Saarinen

Layoffs loom for Samsung in New Zealand, Australia and SE Asia, following sliding share price due to unconvincing AI efforts

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