By sacking staff and closing stores, big businesses like The Warehouse could hurt their own long-term interests
- Written by Jonathan Baker, Lecturer in Business Strategy, Auckland University of Technology
www.shutterstock.comTo paraphrase Winston Churchill, it is curious to see The Warehouse Group (TWG) not letting a good crisis go to waste.
Despite recently receiving NZ$68 million in government wage subsidies as a result of the COVID-19 lockdown, TWG has now proposed store closures and more than 1000 staff layoffs across its Warehouse, Noel...
