Photobox Group is streamlining its brands and putting 42 roles at risk of redundancy as it reorganises its personalised gifting businesses under two separate arms, Retail Week can reveal.
The personalised gifting group, which owns brands including Moonpig, Greetz and Photobox, will be restructuring the “internal operations of the group around two autonomous businesses – Moonpig and Photobox”.
Of the group’s 659 staff in the UK, 17 roles at risk are due to this reorganisation, while a further 25 are at risk due to an unrelated decision to outsource Moonpig’s customer service team.
Photobox Group said its reorganisation will enable it to “simplify operations, fast track innovation and empower focus on customer priorities”.
Both greeting cards brands within the group – Moonpig and Greetz – will be headed by chief executive Nickyl Raithatha, while the photo personalisation brands – Photobox, Hofmann and posterXXl – will be led by chief executive Christian Woolfenden.
Photobox Group chief executive Jody Ford said: “Regretfully, this means that 42 roles are at risk of redundancy across the businesses. We thank these employees for all their hard work and dedication and will do all we can to support the affected individuals.”
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