Orcon CEO Scott Bartlett has released a statement saying that there will be 23 jobs cut from the ISP.
"Although on target to meet current year profit objectives, Orcon anticipates a more challenging year ahead," Bartlett wrote.
"The company has therefore revised its growth targets for the next period and as a consequence will also be reducing the business cost structure."
Orcon currently employs 144 staff.
- NZ HERALD STAFF