Cimpress has announced a major restructure at its flagship Vistaprint operation alongside its Q1 results.
Cimpress: “solid start” to fiscal year 2018
The group decentralised its operations at the beginning of the year, which resulted in 3,000 employees being reassigned to the Vistaprint business. Restructuring at the business unit will involve an as-yet-unspecified number of job losses and cost between $15m-$17m (£11.5m-£13m).
Chief executive Robert Keane said: Following more than six months of experience with their newly integrated organisation, the Vistaprint leadership team has taken the difficult but appropriate decision to reduce Vistaprint headcoun…
Read the full article at: https://www.printweek.com/print-week/news/1162729/decentralisation-results-in-vistaprint-restructure