APG: Reorganized branch structure leads to job cuts
The Allgemeine Plakatgesellschaft (APG) is reorganizing its branch structure. As part of this process, it is cutting 20 full-time positions across Switzerland, out of a total workforce of 540 employees.
The restructuring process will be initiated at the beginning of November and completed in spring 2010. A social plan has been drawn up for the employees affected by the job cuts. APG very much regrets the job cuts, according to a press release issued on Monday. At the same time, the company is convinced that the new structures will ensure its future competitiveness even in a volatile environment. With this adjustment, the company is responding to the ongoing crisis in the advertising market and the cautious expectations for 2010.
The previous branch areas will be merged into four regions: West, Central, East and South. Each region will now be headed by a Regional Head of Sales and a Regional Head of Acquisitions. With the exception of the South region, where both areas of responsibility will be bundled under one regional manager.
The previous branch areas will be merged into four regions: West, Central, East and South. Each region will now be headed by a Regional Head of Sales and a Regional Head of Acquisitions. With the exception of the South region, where both areas of responsibility will be bundled under one regional manager.
