According to the document, back-office functions, which include finance, HR, fleet management, health and safety and IT, would be devolved to and spread across its subsidiaries.
In a public statement, rūnanga chair Mane Tahere announced potential restructuring changes.
“Te Rūnanga-Ā-Iwi-O-Ngāpuhi board have made the difficult decision after many months of deliberation. This move is not a complete surprise to many, as last November a possible restructure was on the table then but was diverted when the board approved a top-up contribution from its reserves.”
However, Tahere says the rūnanga cannot sustain the current structure any longer and a bold intervention has to be made, which the board supports 100 per cent.
“I mihi to our operations team for many years of hard work and dedication. I now sympathise with the prospect of job loss among our rūnanga whānau. The consistent dwindling of fisheries revenue compounded by the current global financial hardship is the reason for this major restructure.”