The company is hoping to transfer some staff to other bpi centres in an attempt to minimise job losses.
The cuts at the business, which employs just under 200 people at its Worcester site, come at a time when it is facing increased pressure from retailers to provide products more cheaply.
Craig Mason, HR manager at bpi protec, said: “It is a last resort. We are looking at up to 76 people leaving the business, unfortunately.
“That number may change, hopefully it goes down if we can find work for employees elsewhere.
“We are dealing with retailers who are putting huge amounts of pressure on prices which makes it uneconomical for us to continue. Unfortunately we have had to talk about redundancies on the back of that.
“Despite this bad news all employees continue to work as hard as they have ever done – it is quite phenomenal really.”
The company, part of RPC, is currently in discussion with its Worcester staff and a number of voluntary redundancies are said to be available.
The company is best known for producing made bread bags but is now looking to manufacture more ‘technical’ food packaging products.
It is understood there will not be any redundancies before Tuesday, 9 May.
Source: News – Packaging News