Forty jobs on the line at Aussie owned Hamilton business

Saturday, 13 June 2026

Up to 40 jobs are on the line at Hamilton workplace Pact Group, the Waikato Times understands.

The Australian packaging company with a base on Maui St, said in a statement that “no final decisions” had been made, but recent figures suggest the company is in the red.

A man who would not be named told Waikato Times a family member was among staff facing redundancy.

He said 30-40 jobs were expected to go, mostly in the financial side of the business. They were well paying jobs, and he believed the roles were being outsourced to India, where labour was simply cheaper.

He hoped other employers would be able to hire staff who lost their jobs.

“When half your income’s gone, you have to cut back even more. Times are tough already. It’ll have an impact on the cafes on Maui St and the Cock and Bull.”

The Waikato Times was unable to speak to staff at the Maui St site, but Pact Group provided a written statement.

“Pact Group continually reviews its operations to improve productivity across the business. No final decisions have been made at this stage, and we will continue to engage with our people as the assessment progresses,” the statement said.

“We are focussed on remaining competitive, simplifying processes and reinvesting in key strategic priorities which align with our vision of leading the Circular Economy.”

The company would not provide details, such as the number of jobs on the line in Hamilton, whether any roles would be outsourced overseas, or when any cuts would occur.

It also declined to comment on its financial position, but linked a half-year report which flagged problems.

“Pact and the Group report revenue of $866.7 million for the half-year ended 31 December 2025, down 6.8% compared to the prior corresponding period (pcp). The statutory net loss after tax for the half-year was $33.7 million, compared to a statutory net profit after tax of $14.1 million in the pcp,” the report said.