Workers at the Marsden Point oil refinery are bracing for substantial job losses over the next 18 months as the company carries out plans to turn it into an import-only terminal.
First Union, which represents oil refinery workers, says employee numbers will fall from 300 to 60 over the next 20 months. Additional cuts to its contracted workforce are also expected.
The union will present a redundancy package negotiated with Refining NZ to its members at a meeting this morning.
Refining NZ is one of Northland's biggest employers, contributing around 6 percent of the region's entire GDP.
First Union spokesperson Jared Abbott will be meeting with union members later today.
He spoke to Corin Dann.
