PaperlinX is disbanding its global marketing and HR functions as part of its Strategic Review that includes a reduction of corporate costs.
As a consequence of these changes, the Milton Keynes corporate office will close and the group CEO Toby Marchant and the remaining global functions, primarily finance, will relocate to the company’s Brackmills site in Northampton.
Dave Allen, executive vice president, PaperlinX, said: “The Strategic Review is delivering a clear plan for long term recovery and this latest move signals our commitment to reducing overhead and building a business that can deliver a sustainably profitable future.”