Takitimu Seafoods is rebuilding after a big restructure. Photo / Paul Taylor
A giant of the Hawke's Bay seafood industry says it has stopped exporting and is solely focused on the domestic market after letting go about 40 staff.
It was announced in April that Takitimu Seafoods was facing a large restructure following a loss of about $7 million duringthe past three years.
That included the impact of Covid on the business, when exports came to a halt and many restaurants locked down and did not require fresh fish.
The large restructure was completed around the end of May, with staff numbers reduced from 70 to a team of 32 at present.
While most of the affected staff have found new employment, some have taken time out or signed up for support from the Ministry of Social Development.
The organisation, which is owned by Ngāti Kahungunu Iwi Inc, and formerly known as Hawke's Bay Seafoods, says it is now in a "reset and rebuild" stage.
Takitimu Seafoods acting general manager Rawinia Lewis said the company had stopped exporting fish following the restructure.
She said it was now focused on the local market through its popular Napier shop in Pandora, as well as supplying seafood across New Zealand through its online store.
That included offering new employment through other companies and partners associated with the iwi.
A Ngati Kahungunu Iwi Inc spokeswoman said about a third of the staff who lost their jobs found new work without the assistance of the Manaaki Centre.
"A greater percentage accepted help by way of connections to several jobs and gained their new roles without any hassle," she said.
"For some, this change was too overwhelming and a much-needed break was taken."
She said quite a few employers in the region contacted Takitimu to offer positions to affected staff, including Heinz Watties, which offered roles to all affected staff.