Optoma Broker Solutions is to make a number of redundancies after closing its Leatherhead office.
It is to move its packaging operation to its Huntingdon office at the end of March and has placed a number of staff in consultation.
Optoma recently entered into a period of consultation with staff to discuss possible alternatives to moving the operation but subsequently decided that the move would be the most appropriate way to take the brand forward.
Andrew Seymour, managing director of Optoma Broker Solutions, says: “This has been an incredibly hard decision to make as the commitment and quality of our staff is second to none. It is an unfortunate reflection of the current climate in the global credit markets and a necessary course of action for the long-term protection of the business. Leatherhead has been our home for the last seven years so it is very sad indeed to say goodbye.”
Optoma are currently in the process of contacting all of their business partners to inform them of their change of address and contacts. Northern Ireland and Scotland operations remain unaffected.