Layoffs loom at Tacit

Insurance and financial services software provider Tacit Group is understood to have made major layoffs in New Zealand. Sources say the company is getting rid of 60 staff.

Melbourne-based CEO Paul Jennings was overseas last week and not available for comment. Computerworld was referred to Tacit's Auckland-based CFO, Steve Fullerton, but after several phone calls during which he said he would get back with comment, he failed to do so by deadline.

Tacit was established in 1986, based on an actuarial consulting company. It has offices in Auckland, Wellington, Sydney, Melbourne, Hong Kong and the UK. It is best known for its Talisman range of products.

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the Computerworld comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Whitepapers
Latest Stories
Community Comments
Whitepapers
All whitepapers
Sign up now to get free exclusive access to reports, research and invitation only events.
Featured Download
/downloads/product/150/handbrake/

HandBrake

HandBrake is an opensource tool that allows you to backup your DVDs so that you can store and watch them on your computer. Features include: ...

Computerworld newsletter

Join the most dedicated community for IT managers, leaders and professionals in Australia