Green Cabs was incorporated in 2007 and operates across five cities. Nearly 160 jobs will be lost in the likely event Green Cabs doesn't reopen after the coronavirus lockdown is lifted, the company's general manager says. "It would take an extraordinary amount of borrowing to see Green Cabs through this period, and we simply cannot service the debt, even if we come out the other side." An industry source said Green Cabs had been financially stretched for some time and there was a chance other taxi companies would not make it through the pandemic. A Green Cabs driver, who wanted to remain anonymous, said drivers were given just an hour and a half notice that the company was ceasing trading.

Source: Stuff April 12, 2020 23:31 UTC