Episode Details
Back to Episodes
Jolie Hodson: Spark NZ CEO defends bonus and pay bump amid job cuts
Published 2 weeks, 4 days ago
Description
Spark's full year financial report reveals a 91 percent jump in net profit to $499 million.
The telco's also cut 627 staff due to a mix of falling demand and AI use.
At the same time, CEO Jolie Hodson received a $859,000 bonus and a pay bump from $1.27 million dollars to $1.31 million.
She says it's based on performance, and she didn't get a bonus during the 2024-2025 financial year because company goals weren't met.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.