Economy Prompts Quad to Scale Back
SUSSEX, WI—About 100 employees, mostly in administrative positions throughout Quad/Graphics’ Wisconsin workforce, were let go due to the economy’s impact on the printer. According to Claire Ho, marketing communications director for Quad, the length of the economic slump necessitated the move.
“The downturn in the economy appears to be longer than anyone previously anticipated, and so we’re being proactive in how we address what’s happening in the economy and our industry,” Ho says. “The reductions were tough, but necessary, and we opted to do them all on one day to minimize disruption to employees and the business. Now, we can be focused on serving our customers and moving forward with business-building initiatives.”
Among those initiatives is the recently announced $35 million investment in its Polish operations.