Not the Best of Times For Industry Behemoths — Michelson

Many may view Burton as a ruthless and uncaring turnaround specialist in shuttering several Cenveo facilities and letting go a reported 1,900 employees. In an exclusive interview for this issue’s cover story, though, Burton validly points out that Cenveo was in dire straits when he took control. Going under, he says, would have resulted in far more Cenveo workers losing their jobs. While not comforting to those individuals who became unemployed after Burton’s arrival, the company is now a more stable workplace for the much larger headcount of remaining workers. Challenges, obviously, going forward will be to improve morale and the sense of job security throughout the Cenveo platform.