Southern Cross Travel had already reduced its head count at the start of the pandemic. Photo / File
Southern Cross Travel Insurance plans to cut half of its remaining workforce in the wake of limited travel under covid-19 restrictions, although the rest of the group remains unscathed.
The company has proposed shedding 45 of its 92 staff as part of a wider action that will affect other areas
of the travel insurance business, said chief executive Chris White.
Southern Cross Travel had already reduced its head count by 26 people at the start of the pandemic when international border closures first took hold, discontinuing arrangements with temporary staff and contractors.
It received a payment of $646,723 under the wage subsidy and all staff moved to 80 percent pay.
White said the changes will not apply to any other parts of the Southern Cross group, which include life insurance, private hospitals, pet insurance and health insurance.
