Hundreds of jobs, if not more, would be lost.
EB Games stores across New Zealand could soon be closed, EB Games Australia has reportedly told local employees.
New Zealand site RNZ reports that managing director Shane Stockwell has sent a letter to all EB Games NZ employees proposing that each and every retail shop in the country be closed.
The letter states that, “[t]his proposal is not final, and no decision will be made until we have completed a full consultation process in good faith with affected team members.”
It adds that, “if the proposal were to proceed, it would mean that all roles within EB Games New Zealand would be disestablished.”
Elsewhere in the letter, Stockwell stated that EB Games Australia’s New Zealand-based stores were no longer commercially viable, incurring a “multi-million dollar loss during the 2024 fiscal year,” and that, “[w]e are saddened to be in this position having already made significant and repeated efforts to turn the business around.”
The letter provides employees the opportunity to provide feedback on the proposal by 12 January.
EB Games Australia has 38 stores within New Zealand, compared to 336 in Australia. It’s unknown how many employees will be impacted should those 38 local stores close.
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