New Zealand Cricket has announced that it plans to cut as much as 15% of its staff back as it looks to lessen operating costs by at least NZ$6 million. This is part of the plan to restructure as it processes the new situation in the wake of the novel coronavirus COVID-19 pandemic and the lockdown instituted to contain it.
Chief Executive David White recently went public about the planned cutbacks and explained that this measure will allow the Board to keep funding Provincial- and District-level games. He said that it is the only way to keep finances steady enough to honour their sponsorship commitments without shrinking the Domestic Schedule. He said that priorities for this year have been set, decisions have been made as to where the Board will be investing, and no compromises will be made.
The staff make up just NZ$1.5 million of the required NZ$6 million savings.
Black Caps and White Ferns players and staff won’t be affected by the upcoming measures and athletes’ annual retainers will stay the same for the coming season.
NZ Cricket anticipates an appreciable reduction in income for the current financial year. Travel restrictions and ongoing border controls have thrown the International Schedule into doubt as well, which has been factored in.
White likened NZC’s current situation to the one facing most of the country’s businesses. He described it as incredibly challenging, but said that it must nevertheless be navigated. He stated that the current focus is ensuring the game’s ongoing viability.
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