NZ Herald columnist, John Drinnan says they have laid off five senior people in the production department – "the part of the company that makes the advertisements for the phone directories."
A company spokesman this week said the change, which led to the departure of staff last week, had been planned by Telecom, and was not part of any new approach by new owners CCMP and Canadian fund Teachers Private Capital.
The company claims staff head count will increase in the long run.
