The Otago Daily Times has been told two staff members have lost their jobs in recent days.
The staff members have not been named.
It is understood they worked in junior roles, below the council's management level.
Council chief executive Sue Bidrose would not be drawn on details yesterday, saying only the council had now ''completed all of its employment processes'' relating to the alleged fraud.
The ODT understands two staff members have lost their jobs, rather than opting to resign.
The pair were among four staff to face employment processes following the alleged fraud, which led to the resignations of council financial controller Maree Clarke and council regulatory services group manager Kevin Thompson in September.
Council infrastructure and networks general manager Tony Avery had earlier opted to resign in August.
He was not among staff involved in employment processes and his actions were praised as ''honourable'' by Dr Bidrose at the time, after Mr Avery said he accepted the ''buck stops with me'' despite his being unaware of the alleged fraud.