PALMER’S MANAGEMENT GRAB ENDS IN RESORT REDUNDANCIES

Written on the 8 June 2012

PALMER’S MANAGEMENT GRAB ENDS IN RESORT REDUNDANCIES

CLIVE Palmer’s Coolum Resort (pictured) today confirmed it had retrenched some of its 650 workers.

The layoffs came three months after the mining magnate settled a bitter management dispute with former operator Hyatt outside of court. Shortly after the settlement, Palmer praised hotel staff and offered each employee a $500 bonus.

The tone today was markedly different.

“This is a regrettable outcome of improving the overall efficiency of the business since new management took over from the Hyatt,” says the resort in a written statement.

“With the change of management, we are reviewing every department and making tough decisions, which in many cases, are long overdue.”

The resort would not confirm how many roles were made redundant, but reports suggest 20 housekeepers, four gardeners, eight laundry workers and five housemen were retrenched.

General manager Bill Schoch defends the sackings, revealing they are part of a broader review and upgrade to facilities at Coolum Resort.

“The decisions are being made from a business point of view to build a stronger tourism asset for the region, which can sustain growth into the future,” he says.

“The resort has very exciting plans for the future which cannot be discussed at this stage, but will provide considerable economic and employment benefits for the region.”

It is understood investment has been made on a new information technology system for the resort, improving drainage on the golf course and advertising in Brisbane and Melbourne.


Latest News

WOOLWORTHS CLAIMS LEGAL VICTORY IN STOUSH WITH LOWE'S

SUPERMARKET giant Woolworths (ASX: WOW) has been given the go-ahead to sell its Masters property assets after winn...

DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S Pizza (ASX: DMP) has launched an employee share acquisition plan which will give its 26,000 staff the...

PRICELINE STORE ROLLOUT BOOSTS API'S FULL YEAR PROFIT FORECAST

Australian Pharmaceutical Industries (ASX: API) has booked a rise in half year net profit of $29.1 million on the bac...

CITY DWELLERS SETTING EYES ON REDCLIFFE AS PROPERTY SEACHANGE BECKONS

IT MAY be cool by the sea at Redcliffe, however strong sales at Kyko Group's Mon Komo development prove that t...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter