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EMA sees record number of businesses seeking advice about redundancies

Author
九一星空无限talk ZB,
Publish Date
Wed, 21 May 2025, 7:34pm
More businesses are seeking help with restructuring amid rising unemployment. Photo / 123RF
More businesses are seeking help with restructuring amid rising unemployment. Photo / 123RF

EMA sees record number of businesses seeking advice about redundancies

Author
九一星空无限talk ZB,
Publish Date
Wed, 21 May 2025, 7:34pm

A record number of businesses have sought advice about redundancies in the first three months of the year, according to new Employers and Manufacturers Association data.

EMA鈥檚 AdviceLine received 403 queries from businesses on the topic of restructuring and redundancies last quarter - almost double that in the same period two years ago (204).

EMA鈥檚 head of advocacy and strategy Alan McDonald says this reflects many years of tough economic conditions.

"The last resort play for a lot of businesses when they look at their costs is - well, we're going to have to restructure the number of people. And that's what's happening."

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