News
Cooper Clegg warns staff of job losses as part of restructuring
Cooper Clegg has started consultation with staff over an unspecified number of redundancies, following last week's buy-in management buy-out.
The management team at the Tewkesbury-based web offset printer told staff on Wednesday that it would be restructuring the business and that this would involve some redundancies.
According to its most recent accounts, Cooper Clegg employed 149 staff.
Cooper Clegg's new chairman John Wood said: "In order to bring the company back to a situation where we can invest and grow, we have to look at reducing our cost base to match the current adverse economic circumstances.
"We are therefore, starting a consultation process with industry union representatives to ensure the cost reduction process is carried out in a fair and efficient way."
Cooper Clegg reported that the aim of the restructuring was to maintain service and quality, while introducing more flexibility and greater security to the business, following the deal on the 4 November.
Pindar announced its decision to sell the Tewkesbury-based web offset printer in September, citing "unsustainable pricing" in the sector as one of the key reasons behind the move.
For more see next week's PrintWeek.
Cooper Clegg is based in Tewkesbury
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Comments
- 16 November 2008
These are tough times for all companies, so direct action is needed to survive!
Cooper Clegg are planning to combat these turbulent times by surviving so they are taking the `right` action.
If you wish a free report on;
`How to survive in this competitive world`
email:colin@cavendish-mr.org.uk
Colin Thompson
Cavendish
www,cavendish-mr.org.uk
Phil - 17 November 2008
So colin what your saying is its ok to let people lose there jobs are you some type of idiot?
- 17 November 2008
Hi Philip,
Nobody wishes anyone to not have a job. Life is about trying to help as many people as possible. It is better to save some jobs than have `all` the employees looking for work!
Kind regards,
Colin
Paul Baily - 19 November 2008
With the economy in tatters its a hidious task to identify who will stay and who will go.why is "down sizing" the only alternative.Why not try and re-train staff and ask the staff if they would be prepared to take less money and benefits to try and protect everyones job.
Challenge yourselves to save money without cutting jobs.
ian hardman - 04 December 2008
i hear what your saying , but , if your not aware the price of living has gone up a tad or are you living on planet mush brain??? it's had enough to pay for living as it is , so how do you propose people live ?? if your about to say on make up benefits then you try ang claim, i know of people who have put in claims now and have been turned down.... o and one more thing, just a tiny item on the calender............. XMAS..............or you not heard of that either ?????
ian hardman - 04 December 2008
companies which trade in massive debt and then send others under should be closed . you know who i am on about , £814 million in debt !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Joe Bloggs - 22 December 2008
[quote user="Paul Baily"]
With the economy in tatters its a hidious task to identify who will stay and who will go.why is "down sizing" the only alternative.Why not try and re-train staff and ask the staff if they would be prepared to take less money and benefits to try and protect everyones job. Challenge yourselves to save money without cutting jobs.
[/quote]
You cannot expect people to work for nearly free for the sake of the company. A job is for the purpose of earning a living. A company has no compassion in cutting things out when it suits it for survival and people likewise have to be the same too. Their survival is more important than a factory. Cooper Clegg employees already took heavy pay cuts and benefits are literally non existant there. The cost of living is up to the limit of the wage for the regular worker there as it is. If the company cannot give it's workforce a standard of living that pays the normal bills then it don't need to exist, it's purpose of existance that is to grow and make profit and pay it's workforce has come to an end.
At least with downsizing you can clear overheads and still give some people a wage that is worth working 12 hour shifts for. I know many people couldn't hardly afford the 36 hour week as it was. Cutting their pay further they would rather be redundant.
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