Realisis staff face axe as Simpson Group begins consultation process

Simpson Group has entered into a 30-day consultation process with all 96 staff at Realisis In-Store, the large-format printer that it bought out of administration last week.

A spokesman for the Simpson Group said the consultation stage began on Monday (24 November).

He said: "The consultation process will look at business issues and any decision over potential job losses will be made at the end of the 30-day period."

The Simpson Group bought Heathrow-based Realisis In-Store from administrators UHY Hacker Young on 20 November, following the latter's appointment on 14 November.

Administrator Andrew Andronikou said the company, which was formerly known as Realisis TSG, had experienced trading difficulties.