AUSTRALIA: Jobs to go in A$6.3m Southcorp redundancy package

By Sarah Diston | 11 April 2001

Southcorp Wines and Rosemount Estates have confirmed that 90 senior staff will lose their jobs as part of a review of operations following the merger of the two wine companies. "The cost of the redundancies will be some $A6.3m ($3.13m) with annualised savings of some $A10.6m ($5.27m) to take effect FY02," Southcorp Wines spokesman, Brian Dale told just-drinks.com.

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Southcorp Wines and Rosemount Estates have confirmed that 90 senior staff will lose their jobs as part of a review of operations following the merger of the two wine companies. "The cost of the redundancies will be some $A6.3m ($3.13m) with annualised savings of some $A10.6m ($5.27m) to take effect FY02," Southcorp Wines spokesman, Brian Dale told just-drinks.com.

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