PPG cuts staff and pay at subsidiary Bloxham.

The Print People Group (PGG) has become the latest print company to implement a series of cost-cutting measures that include redundancies and pay cuts across subsidiaries Taylor Bloxham and C&R Printing Services.

A letter seen by PrintWeek, which purports to be from PPG group chief executive Roger Lindop, said the move was made to streamline the business in order to help it manage anticipated costs in line with current and anticipated volumes.

It went on to say that the printing industry has been adversely affected by current economic circumstances and that 'as a consequence, PPG has made changes to shift patterns and shift rates particularly, initially, in the …