Wool mill layoff deal
Redundancy compensation has been agreed for about 200 employees at an Oamaru wool mill. Operations at Summit Wool Spinners will end on 28 February.
Union representatives say full-time employees will receive a payment of $1000 an part-time employees will be paid $500.
Time off for counselling and certificates of service have also been agreed on.
A skeleton staff of up to 50 could be rehired by the new owner, carpet maker Godfrey Hirst.
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