Have a couple of first hand reports from contracting friends that have been laid off a long way ahead of their contract end dates. They indicated that NZ Comms source of cash has dried up or they simply have spent it all. They are said to be quickly shedding contracting staff hirerd specifically to get them ready for launch. They've indicated the remaining staff are not equipped to get the job done correctly or on time. While this likely won't delay the NZ Com launch, it will no doubt mean that they are ill prepared for it. Is this the end for a vibrant competitor to VF and TC?

Can anyone confirm this or add to it?