Randall Wine Group Cuts Jobs Amid Industry Crisis
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Randall Wine Group, owner of popular wineries like Seppeltsfield, Gemtree, and Penny’s Hill, has laid off fifteen staff amid a grape oversupply, higher costs, falling global demand, and surging fuel prices. The company is focusing on revenue-generating activities and reviewing its vineyards. Owner Warren Randall calls for a third of Australia’s vines to be removed to fix the oversupply. Rising fuel costs add pressure, with federal officials releasing reserves and appointing a fuel supply taskforce. Randall plans to decide post-vintage whether to idle or remove some vines.
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