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GEON cuts staff back by 5 per cent

Wednesday, 17 December 2008
By Print 21 Online Article

Further consolidation across GEON Group Australia as the company reduces its staff levels by five per cent.

GEON employs 1440 staff and, according to Stuart Shirvington, general manager of operations, today’s redundancies occurred mostly throughout NSW where the company has offices in Banksmeadow, Dee Why and Parramatta.

“Primarily it affects the NSW area of our business,” Shirvington admitted.

He stressed that today’s actions were a “reorganisation” for the company and a necessary move in light of toughing conditions in both printing and the wider world.

“We are adjusting our business in response to the economic crisis that is going around,” he said.

Widespread job-cutting has been a feature of the industry in recent months and GEON has not been the only printing company to shed jobs with fears of a recession looming. Bluestar cut an unspecified number of jobs in consolidating the McMillan Grpup this year. GEON also cut back 90 jobs earlier this year when it closed down Agency Graphic World. There is no doubt that it has been a big year for the company after former CEO, Gordon Towell resigned in February this year.

Defending the job cuts as “a part of business”, Shirvington was unable to speculate as to whether further job losses would be likely for GEON staff.

“I don’t have a crystal ball and cannot look that far ahead,” he said.

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