Investment NSW to cut staff in restructure


Investment NSW is set to lose as much as 25 per cent of its workforce in a major restructure that follows deep budget cuts at the Department of Enterprise, Investment and Trade.

Staff were told of the proposed restructure on Thursday, with up to 75 roles at the economic development and investment attraction agency in the firing line.

The shakeup comes just days after the Department of Enterprise, Investment and Trade (DEIT) had its grant and subsidy budget slashed by $651.6 million this financial year.

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