Moore to Cut 10% of Work Force

Moore Corp., a maker of business forms, said it plans to cut about 1,400 jobs, or 10% of its work force, mostly at the company’s main U.S. operations in Bannockburn, Ill. Moore, which is based in Toronto, said it expects the cuts to reduce expenses by about $100 million in the next 12 to 18 months. The decision comes a month after Moore named Robert Burton, former head of printer World Color Press Inc., as its president and chief executive, replacing Ed Tyler, who quit on Dec. 11. Demand for paper forms has declined as companies computerize business records, Moore said. The company has also seen its administrative and manufacturing costs increase. Moore closed unchanged at $3.19 on the NYSE.