The departments affected include two finishing areas at its paper mill in Hendon and a stationery shop in the city. The company has a total workforce of 550.
In a statement the company said: Trading in the remainder of the company is steady and under the proposal a number of employees from the affected areas would be transferred to other departments.
The company, which was founded in 1867, has supplied the bingo industry since 1957.
Story by John Davies
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