Trade union’s printing company launches early retirement schemes

Increased market competition and drastic decrease in printing requests, Union Print Co Ltd is forced to downsize its workforce

21 August 2015, 5:53pm

1 min read

Union Print Co Ltd, owned by the General Workers Union, was forced to launch early retirement schemes following increased market competition and substantial drop in commercial printing requests.

The necessary restructuring of the company’s operations will affect at least 40% of the workforce.

On its news portal inewsmalta.com, the GWU said the company will start focusing on its primary mission of “delivering information to the GWU members and the Maltese public”.

The GWU said affected workers will be given the necessary support to find alternative employment. All rights and obligations emanating from collective agreements will be respected.