Socialist Worker

Printers face new cost-cutting threat

Issue No. 2274

Workers in the Unite union at Wyndeham Roche in St Austell, Cornwall, could be next in line for severe pay cuts, as bosses begin a 90-day consultation over cost-cutting.

The news comes just weeks after the printing group closed down Wyndeham Impact in Basingstoke.

Workers were locked out on 4 October after five months of industrial action over the sacking of trade unionists and a 13 percent pay cut. Many have since had to initiate industrial tribunals over their redundancy payments.

Wyndeham Group is owned by private equity firm Walstead Investments.

Since 2008, Walstead has acquired four printing companies, and has already closed down two sites.

Others have faced job losses and pay cuts of up to 20 percent.

Unite is recommending that workers reject any cuts at Roche. National officer Steve Sibbald said that accepting cuts “could send a death spiral through the industry”.

One former Wyndeham Impact worker told Socialist Worker, “They are going for one site after another. We were the first to say no.

“Now the rest of the group has to take a stand or our fight will have been for nothing.”

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Article information

Tue 18 Oct 2011, 18:59 BST
Issue No. 2274
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