Fonterra wields the axe

Hundreds of Fonterra employees and thousands of its farmer-shareholders have been dealt the twin blows of impending job losses and the prospect of a much lower farmgate milk price.The co-operative dairy giant said yesterday it planned…

Fonterra wields the axe

Hundreds of Fonterra employees and thousands of its farmer-shareholders have been dealt the twin blows of impending job losses and the prospect of a much lower farmgate milk price.The co-operative dairy giant said yesterday it planned…